SUNPHARMA has given a good reversal from 200 Ma & formed a CUP & HANDLE continuation pattern. Stock is trading in channel or handle for now. Look for possible reversal from resistance. Trade safe
Sun Pharma is at Support @ CMP 600 (15.03.2021) SL : 580 TGT : 680-100 Time Frame : 1 Month Risk Reward Ratio : 1:4 Only for Educational Purpose
Risk vs Reward is 1: 5 . Taking support at 50EMA. Following Trend 600 Bellow Closing day Candle and next day sustain bellow 600 till 12 O'clock. Reward is open positional player Pharma Sector Index is weak but i would like to risk 10 Rs
NSE:SUNPHARMA long only if find perfect reversal from PRZ ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Breakout Trade On 15 Min Chart
SunPharma Breakout Trade For 12-02-2021 S/R Breakout On 15 Min Chart For educational Purposes Use Only Im Not SEBI Registerd
HOW TO FOLLOW ALGO SIGNAL: Deciding buy/sell 1.Strictly use only on 1 hour time frame. 2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity. Taking a position: 3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open...
Sunpharma is looking fantastic on Daily and Weekly TF. this trade alone can make 94,000 (66x1400) with a single lot of Future with a risk of 30,000/lot . At the end of the trade you'd have made 50% ROI in just a month or 2 if you even have 2lakh Rs. account. Do take it seriously.
BUY @ 522 LEVEL WITH STOP 496 ON CLOSING BASIS WITH TARGET 1 - 538 TARGET 2 - 552 TARGET 3 - 557 disclaimer - for study purpose only.
Price inside a channel and trading near to the channel support, if crosses 518 and closes strong then go long for the target of channel top.
Upward Impulse complete and now correction is forming; Wave A of the downward Impulse is complete and Wave B is a Upward Flat Correction where Wave A and B are complete and now Wave C which is 5 Wave Upward Impulse is forming; We need to wait for the Price to come in the Demand properly; Provided the path of the Price
I hope you can now see how Sunpharma represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
Strong and HIGH PROBABILITY BUY SETUP on Sun Pharma. Currently in the best price zone to buy (510-500). Target: 562, 580 Time duration: HOLD for at least a month. Expected ROI 11-16% The factors supporting our view are as follows: 1. Price is sitting just above the parallel channel's support trend line 2. Price is sitting just above an important psychological...