SUNPHARMA
Target 1 achieved in Sunpharma | 5% mover This idea is a follow-up to Sunpharma
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SUN PHARMA - BULLISHSun Pharma is moving up in decent regression trend channel since many days and seems like approaching potential target zone where a small gap is open to be filled
Decent Bullish bars supporting the upmove even in weak market .
Hence the daily setup is to Buy Around 854 Stoploss - 840 Target around - 879
Happy Hunting :)
#StockMarket #SunpharmaSUN PHARMA
On hourly chart short term bet to above above immediate resistance level of 860
for targets of 870/875, keep SL of 850.
This is Risky quick trade very short term view, or can be trade Intraday.
In case of gap up and gap down please avoid setup.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
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Sunpharma | trendline BO with volume 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕
--Buy Above =796 or CMP
--Target = 950
--Stop-loss = 708
--Expected Profit = 19 %
--Expected Holding = 3 Months only
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❌ All Post are for Educational Purpose Only.
❌ Analyze your own before Considering mine.
❌ Know your RISK & HOLDING capacity.
❌ WE are not responsible for any of your profit/Loss.
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Sun Pharma The Bear is aggressive nowIf Breaks Then The Targets can be Taken at 747.55 .
Time Frame :- 1 Day
Patterns Name :- Double Top and Parallel Name
Symbol Name :- Sun Pharma
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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SUNPHARMA COULD GO TOWARDS ITS ALL TIME HIGHS.As far as sunpharma is above its weekly trend line, it is demonstrating the strength and can go towards its all-time highs. One can get into this trade, keeping a stop loss below the trend line. Do follow risk management rules and maintain proper position size.
Simple Trade Setup | SUN PHARMA | 02-05-2022 [INTRADAY]NSE:SUNPHARMA
Observations:
1) On 1day time frame, we can see it made inverted hammer in up trend and after making new high it was facing huge selling.
If it starts to trade below this candle's low which is 919.55 then the pressure of selling will start. And as per technical levels 920 is breakdown level and 900 is last major breakdown level of it.
Please refer below chart : 1day time frame.
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Trade Setup for 02-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.






















