SANOFI trade ideas
Sanofi LongPositional Trade:
Buy Sanofi on dips with SL of 5836 and target of 7050+.
Time frame: 210 days
Target will be trailed upside as stocks move in up trend.
Risk Reward= 1:1
Long SanofiPrice action suggests a breakout above long congestion area. Buy around CMP with SL as 8500 closing basis.
Target around 9700.
Disclaimer: Ideas for educational purpose.
Sanofi Ready to bridge the Gap??Details mentioned in Chart
Disclaimer - Please do your own analysis before initiating the trade
Long if breaks out with good volumeSanofi scaled new highs pretty quickly after pandemic crash however it couldn't gain further. price has been contracting since. volume has gone down, constructive. i will be buying only if there is a breakout with good volume
SWING TRADE #3 SANOFI INDIA LTD SANOFI INDIA LTD
Price had took support near 100 Days EMA, and crossed 20 day EMA and 50 day EMA gives bullish signal for this stock, one may take trade based on his/her risk appetite for swing opportunity.
important levels are
entry range : 7760-7800
stop loss : 7700
target :
1st: 8150
2nd: 8400
Sanofi - Buy, Inv H&S formation, divd Rs350 in next 10 days tooBuy Sanofi at CMP of 8000, as it is making bullish Head & Shoulder formation. First target is the neckline of 8400-8450, above which stock can move to 9000. Big dividend of Rs350/share is also getting ex on 29 June 2020.
SANOFI Daily Analysis 15 April 2020Delivery Volume Expansion
Support Strong at 6300
Price abv 50&200 D EMA
Huge traded Vol today
trendlyne.com
Sanofi10. Sanofi- now trading near recent resistance levels 7,600-7,650. We can see a possible reversal from here or if stock able to cross these levels we can see a strong upside towards 8,000-8,300 levels.
#Technicalanaysis
