Perfect Head and shoulder break down can be there in the Sun Pharma stock. It is trading around the neck line. Sun Pharma is in the sell zone, as the market has retest the recent 50% fib levels. This stock never fails to respect the fibonacci levels. It has been consolidating and on the daily charts it has formed a gravestone doji. Stock is near it 200 DMA and...
Short Sun Pharma @ 990 - 995 for the target of 930. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Sun Pharma in bullish momentum and big upside targets will open if sustains above 970. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
looking like after a long consolidation the scrip is papering to hit 1100. Keep the stock in radar and trade well.
Sunpharma on the weekly time frame has given a nice bullish engulfing candle and a nice 6% return this week. The market has given a negative return but this stock has remained in green. There is possibility of another up move in the coming week and the stock may form new 52 week high. It is following the market movement. It has broken the resistance level of...
The scrip is in a flag on a pole patten. if we see bounce from this level we may see good up-move. keep In radar
About to complete Cup & handle Reversing after 50% retracement of previous rally. HH pattern on Weekly chart Cup Pattern on Monthly chart Buying Zone - 870-880, SL 860 on daily closing basis
Paper Trade recommendation only. Looking Bullish from here. Stuck in between Symmetric triangle. If crossed & sustained above 850 then we will see 873 sooner. Time frame 15 min.
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. ...
NSE:SUNPHARMA Observations: 1) 15min chart for reference. Please refer below chart : 15min Time Frame. 2) Same chart on 1 day time frame. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 01-04-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min...
Avoid big gap up or gap down, trail sl as soon as possible.
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 has given the breakout and looking good to buy in 855-850 range for upper marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:SUNPHARMA Trade Setup for Date: 27-12-2021 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. 4) Avoid...
NSE:SUNPHARMA Trade Setup for Date: 22-12-2021 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. 4) Avoid...
NSE:SUNPHARMA Observations: 1) On 1day time frame, it is trading below 100DMA but it took support from 21DMA. Since short term average is below the long term averange, it is a sign of bearish. But if it managed to trade above 100DMA then it will be again a buy trade. 21DMA is placed at 763.35 level and 100DMA is placed at 783.82. We can see that level...
Sell Sun Pharma if it breaks the support line on the downside for the lower marked levels on the chart. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:SUNPHARMA Observations: let's take look at NIFTY PHARMA index. 1) On Daily time, we can see that it took good reverse from 200DMA and made dragon fly doji. As per the textbook knowledge, it should work as trend reversal. We might see good upmove in most of Pharma stock now. Please refer below chart : 1day Time Frame. ...