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Sunpharmalevels

Simple Trade Setup | Trade Setup | 30-08-2021NSE:SUNPHARMA Observation 1) On 1hr time frame it is making pole and flag pattern and trading in to the flag channel. It have critical support zone of 750-752 level. Please refer below chart: 1 hr time frame: ------------------------------------------------ Trade Setup for Date 27-08-2021: 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 tomorrow. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:SUNPHARMA
by Trading_hawk
1
SUN PHARMA | TRADE SETUP 26-07-2021NSE:SUNPHARMA It have broken the trendline with good volume and also our level of 689 and hit our target 1 placed at 695. It closed at 694. Trade Setup for 26-07-2021. 1) If it goes down till level of 691 let it go don't try to short it. If it gets support from 691 and trade above it then it will be easy to go long and all the targets are mentioned on the chart. 2) If it fails to hold the level of 691 then next support is at 689. If it gets support from 689 and trade above it then it will be easy to go long in trade. All the targets are mentioned on the Chart. 3) At this moment there is no short/sell trade opportunity in SUNPHARMA. It will only give opportunity for sell/short trade below 680 and then the fall will be till 670. 4) Don't chase if it open with gap up. Let it cool down for initial 15-20 minutes and judge the price action and only trade on levels. Have a good weekend. Comment if my ideas are helping you to understand price action and levels. Do comment if you have any doubt.
NSE:SUNPHARMALong
by Trading_hawk
SUNPHARMA LEVELS & TARGETS NSE:SUNPHARMA SUNPHARMA LOOKS BULLISH. Recent pattern is bullish flag and pole. And If you look it on chart it has created inverse head and shoulder patter from 27th May to till now and also FRIDAY it crossed above the neckline and tested the neckline and closed at the neckline. If on Monday it gets proper buying volume then this neckline will act as good support. This neckline is placed at 688 level. 700 is big resistance as most of Call OI is on 700. Once it breaks this 700 then long up move will be there in SUNPHARMA. LEVELS and TARGETS for long/buy trade area shown on charts. All the best for trading in next week. Comment below if my Ideas are helping you to understand the levels. Also comment your suggestion or doubts.
NSE:SUNPHARMALong
by Trading_hawk