NSE:SUNPHARMA Hi Traders & Investors In the last forecast we talked about pharma index is its last leg and we will see an positive structure from here. So here is the wave count of sunpharma to compare pharma index with it. Pharma will be on buy on dips for now. For more updates keep wathing us. Thank You
The setup is approaching multiyear breakout zone..momentum looks good and if it breaks out ..sky will be limit ...
Avoid big gap up or gap down, trail sl as soon as possible.
Scrip Name: Sun Pharma Setup: 52 Week High / Breakout / Positional Trade in Uptrend Entry zone - 750 - 830 Support zone 1 (750 - More positions can be added in this zone if your risk allows), Support zone 2 - 650 Stoploss - Prices moving below 650 should wake us up Note: Sun Pharma Promoters has a pledging of 6.36%. Any increase in this (beyond 10% should be a...
educational purpose only looks like sun pharma has got some good attention now. it has respected the supporting trendline followed by strong green candles. 844 - 846 is a strong support zone now and we may see a strong recovery. can buy on dips for targets of 875 followed by 890
sunpharma volume came and price moved in faster space... when price (engine) gets the volume (fuel) it gives bigger movement... price moved up for wave "e" and made high near 862
Taking support over the lower TL of the channel pattern. Looks good at cmp for swing trade with a decent RR of 1:2.5X . Trade with small qty looking at the global concerns.
Ascending Triangle intact. If candle close above $850. We can take & hold until it reach $875/$897 & $1002. Pyramiding is the best option now.
1 Day Time Frame : 1. Sunpharma may give some correction from here 2. Look for trade setup in intraday Disclaimer : > This analysis is for educational purpose only. > Keep an eye on global market as well, trade as per market condition.
sunpharma and pharma index both squeezing possibility of up side 880
Sun Pharma has shown a good run-up and looking to play some retracement. Sell only if it sustains below 870 for the lower marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
SUNPHARMA Breakout Retesting. SUNPHARMA gave a breakout with a good volume few days ago, and then it is consolidating in a small range. It hasn't broke the breakout level yet.
A very nice uptrend resistance and a combination of harmonic numbers, looks like its ready to tumble down xD
Sun Pharma Bullish Setup with low risk entry. above 50/200 sma, can target upto 965-1000
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
This is follow-up on Sun Pharmaceutical. Can check link to related ideas. Target 1 achieved. Gain of more than 16%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI...
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...