Sunpharmalong
Sunpharma Overbought RSI LevelsSunpharma Overbought RSI
Resistance around 550-580.
On upside we may see
the level of 560 in short term.
Support is around 510-485
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Updated on : 01-Aug-2020 11.00pm
Disclaimer: Only for learning purpose.
SUNPHARMABreakout out on the note of a very high volume though wick is visible range of the candle is wide and the volumes are stronger. Also the relative strength is sloping upwards.
Sun Pharma Buy Weekly ChartSun pharma stock is on a verge of a breakout on weekly chart according to The Famous Darvas BOX Theory Sunpahrma is trading above BOX since last couple of weeks. as long as it sustain and trades above 440 target of 580 and 630 looks possible.
Strategy Buy in declines 485- 500 zone its a positional Buy reco.
Emerging Trade Set Up SunpharmaHey Guy's here in Sunpharma refer the Daily chart updated and the breakout above 510-515 levels can lead Sunpharma to the levels of 558 first and then 616. This is highly opportunistic trade setup.
Please note the chart updated is only for educational purpose
Sun Pharma - watch for breakout from rising channel!Sun Pharma is in a rising channel and longs can be initiated with strict stop loss between 476-478 levels. Also, it has been consistently trading above the 20 DMA in the past few sessions which confirms the bullish trend! Upside hurdle at 491 and then 500!
#SunPharma @ 477 || 29-May-2020 | hourly#SunPharma @ 477 || 29-May-2020 | hourly
- A new trend and a fresh view with a breakout of the pattern
- BUY within the GREEN Zone
- Stoploss @ 460
#NSE #BSE #Sensex #Pharmasector #Nifty #nifty50 #banknifty #NIFTYFUTURE #CNXPharma
Sunpharma breakout tradeSunpharma given a breakout in Weekly chart
Consolidated for few days in a narrow range
Breakout visible in the lower timeframe
Sunpharma consolidation Sunpharma on weekly time frame has given a breakout
In a hourly time frame it is consolidating. Now trading at the multiple support zones
Sunpharma moving as expectedAs per the previous charts Sunpharma is taking support and moving in expected direction
A 3.5% move
Sunpharma in lower time framStock is looking good in all time frames to long based on the support and resistance
Sunpharma good news comes at good timesSumpharma got FDA approval for some drug which I cannot even pronounce.
Also recently stock gave break out form long year trend and pullback is also success.
Wait for the reversal at the zone for long.
SunpharmaBuy sun pharma near trend line 480. only if Rsi keeps above 50.
target.498 keep aclose stop loss of 475. a good risk to reward ration of 1:2.
Sun Pharma First Upside Target Achived But Still BearishHi Guys,
Upside Target Of Sun Pharma Achieved Today, But My Bias Is Still Bearish.
Thanks You.
Sun Pharma Multi Bottom TradeSun Pharma has made multiple bottoms in the last few weeks, for a long term it shows good bounce back if it follows in the next few months.
Entry above the trend line.
SL should be below the support.
Target - 100 points from trend line.
Sun Pharma towards 480 and 50023.6% retracement done in Sun Pharma
Resistance : 477, 483, 488, 511
Support : 463, 447, 421
SunPharma Rsi Crossover Short AT 414 Target 410Sunpharma can Take support at fibonnaci level 61.8% which is 410.
sun pharma about to break watch it closely...BUY - 440
STOP LOSS - 330
TARGET - 1st 470
2nd 480
3rd 484
SUNPHARMA BUY ABOVE 405.5SUNPHARMA (Sun Pharmaceutical Industries Limited) BUY ABOVE 405.5
Multiple time frame support regions at 405-406, breaking above this with volumes will give a good buying opportunity. Targets will be 410, 413, 415 and 417
SunPharma is on the RUNWAY !!! LOL !!! Damn #Bullish !!!NSE:SUNPHARMA Too Much Fun !!! Bruwhhaaaa !!!
SUN PHARMA- INTRA DAY STRATEGY USING SWING POINTS!Marked swing Points, trend lines and Fibonacci level can be used for trading along with some momentum indicators.
Try to lookout for confluence of these parameters, don't trade solely using any one of these parameters.
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal.
Invest your capital at your own risk.
