SANOFI trade ideas

Sandeepk31 Updated 

Sanofi India is near completion of its Harmonic pattern and will turn bullish. Sanofi India is nearing its bottom and seems will bottom out close to 4796 by end of May. Accumulation can be started from 5000 Stop Loss is 4700 on monthly closing basis Target 1 - 7424 Target 2 - 8989 Target 3 - 9285

Shark_1978

SANOFI INDIA has formed Rounding Bottom & trading near ATH. It has given decisive breakout above 8700 & 9100 levels. Consolidation & breakout above 9300 could eventually lead this breakout to 13000 levels in a very short to medium term. Below 8000 levels could change the trend & should be an exit

Munish_Jain Updated 

📊 DETAILS Sector: Pharmaceuticals & Drugs Mkt Cap: 19,127 cr Sanofi India is engaged in Business of Manufacture and sale of pharmaceutical products. TTM PE : -- (Average PE) Sector PE : 49.36 Beta : 52 Week Low 📚 INSIGHTS Strong Performer Stock with consistent financial performance, quality management, and strong technical momentum indicating...

khulvenaveen

Sanofi India is looking good on weekly time frame. Stock is attempting breakout. More strength above 7900.

HawkishDove

Recently SANOFI formed a beautiful cup and handle on a long weekly base and has been coming up in screeners for 1 month momentum from this past week. Good to ride this if one caught this in the BO stage. Else keep SL of 8% on the downside from CMP of 7625.

khulvenaveen

Sanofi India is attempting breakout on daily time frame. Keep on radar.

mbthapa_

Head and shoulder pattern Wait for breakout and confirmation Bullish for long term 1 year. Good stock for accumulation

AfnanTAjuddin Updated 

Sanofi has recently taken support from a monthly demand zone and broken a weekly demand zone on the daily timeframe with huge volume. The stock was in a downtrend from August 2021 until October 2022, which was phase 4 markdown. Since October 2022, it has been trading sideways, which can be considered accumulation phase 1. Today, the sideways breakout has...

GoodluckCapital

Buy Sanofi India (NSE:SANOFI) Buy Range- 6900 - 7000 Target- 7300 - 7400 StopLoss- below 6750 Potential Return- 5-6% Approx trade duration 12 - 14 days

ganeshkrupa

SANOFI INDIA LTD weekly bullish with strong resistance broken of 6874. If it opens above 7007 and sustain above 7034 it will reach the target 7904

Sudhi4488 Updated 

#SANOFI is looking good to go long. Gave a BO from the base with a good volume. SL as mentioned on the chart.

mcwana

Bought due to huge volume spike. If missed then buy between 6000-6150. Stoploss and Target mentioned.

swappy2503

Sanofi India must stay above the two trend lines. WIll come back down to test the new support created

Sandeepk31

Sanofi on Monthly chart is on verge on forming a death cross (20-50 EMA negative crossover) Cautious on this stock to take entry until there is some confirmation on change in trend. In case the death cross occurs in a month or two then the below support levels are marked. Please note: The formation is not yet completed and if there is reversal well and good,...

Deva111

~Sanofi India which was one of the favourite pharma stock of the investor is now trading in a strong bearish zone. ~

mahhisingh

**Near the demand zone or flip zone(5850-6000) **under 200 ema ( a little bearish zone)But if it take support from demand zone(5700-6000) then there is a higher probability that it will be above 200 EMA in upcoming weeks. **2nd time near demand zone(...

prachiinvesco

a good company with good R:R ratio , good to enter cmp for target 7300 with stop at or below 6200

jayspades

descending triangle pattern formed in daily chart. for educational purpose only.