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Sunpharmashort

Sunpharma ShortI 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 . Thank You Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:SUNPHARMAShort
by EntryandExit
Sun Pharma: Little clarity awaitedLooks beautifully bearish in weekly making lower highs. It was at an important weekly level in last two weeks. The red candle rejected the level as well as 50 EMA, giving me a negative bias. On 8th, Trendline was mildly broken with a big engulfing candle and today, it was clearly broken, though with a green 50EMA rejection which a cause of concern. Let's wait for tomorrow to see a clear direction. We can look to short for intraday aggressively once 75 min or 15 min gives additional confirmations.
NSE:SUNPHARMAShort
by afzal_57
SUNPHARMA looks more down before resuming the bull phaseSUNPHARMA will release its report tomorrow where analysts expect a slight drop in revenue. In charts, it's making an ascending triangle in smaller timeframes but a huge Inverse Cup and Handle pattern which indicates huge downtrend so the price will continue moving down to 340 before making a big jump for a bull run towards 700. Long term Investors may choose to buy this stock as Pharmaceutica products there is always demand and it will continue further and the stock is at a heavy discount. Short until a trend breakout.
NSE:SUNPHARMAShort
by AbhijitRath