A shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star . If the price declines...
SUNPHARMA:- Rounding bottom pattern is formed wait for breakout, keep an eye on the stock. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all...
As per Harmonic PRZ pattern, Sun Pharma may go down till 975 SL 1035
double top breakdown observed in sunpharma. breakdown validated with volume. Next support/target 950
SUN PHARMA : The market has been bearish for the past few days and it seems that the short-sellers are finally taking control. The 995-998 level looks like a good entry point for a short position, with a stop loss around 1008. The potential downside target is 957-944 This analysis is only for the educational purpose and should not be considered as a...
Short Sun Pharma @ 990 - 995 for the target of 930. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
yesterday i post about sun pharma short idea and it worked quite good, today sun pharma took a dip but its looking good for bullish side lets hope we can place a trade above the choppy area :) NSE:SUNPHARMA
SUN PHARMA HAS BROKEN THROUGH ITS MULTI YEAR DOWNTREND AND NOW ITS AT FIRST RESISTANCE LEVEL OF 680 AFTER FORMING A ROUNDING BOTTOM . IF IT CLOSES ABOVE IT ON WEEKLY BASIS THEN A TRADE CAN BE TAKEN. ( A PERSON CAN BE DOUBLE SURE OF THE BREAK OUT IF MONTHLY CLOSING IS ALSO ABOVE THIS LEVEL). TARGET :1000 CMP : 680 STRICT SL :610
India doing well comparetively good, than global markets. SUNPHARMA IS NEARLY 23% Weightage in NIFTY PHARMA. SUN PHARMA breaks head & sholders & Cup & handle pattern, we can expect bullS will move the stock upside. & closed BULLISH CANDLE yesterday. CMP 948 Positives for Pharma industry Globally, Indian pharma companies having nearly above 40%...
Sun Pharma close to 7 year break out zone. Next targets will be 1200 + 1400
Sun pharma is looking good on weekly chart by breaking falling resistance trendline and gives a strong close on above that so we can say this is a breakout but one thing I identified there is that a likewise trend of breaking all time high for creating a new all time high so I will feel much secure to take a trade on above previous all time high price which was...
Stock Name - Sun Pharmaceuticals Industries Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 1015 #This is not Buy and Sell recommendation to any one....
Important SUNPHARMA Levels ( Support & Resistance ) for Monday Market- 24-10-2022. Disclaimer: I am not SEBI Registered Analyst, This Channel Videos are 100% Education Purpose Only, Myself or my Channel Not Responsible for Your Profit/Loss, Please consult Your Financial Advisor before trading/investing on share market.
Stock chart patterns often signal transitions between rising and falling trends. A price pattern is a recognizable configuration of price movement identified using a series of trendlines and/or curves. When a price pattern signals a change in trend direction, it is known as a reversal pattern; a continuation pattern occurs when the trend continues in its existing...
long sun pharma at 950 with a stoploss of 935 on weekly closing basis. it has formed a cup and handle pattern on daily charts and looks very bullish . the target for the said scrip on basis of technical chart is 1150. time frame to acheive the target is 1 to 3 months. Disclaimer: Not a personal trade , views shared for educational purpose only
At the support level and there is a possibility of the reversal from here to shoot towards 950. Target - 900, 920, 940+ SL - Below 850 (Day Closing)
Sun Pharma in bullish momentum and big upside targets will open if sustains above 970. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Sun Pharma looks good above 880/- with formation of falling wedge and can min show 930 levels with SL of 860/-