Reason for long a) pole and flag set up b) entry criterial : PDH and 15 min high breakout c) Vwap breakout d) weekly breakout possible e) SL compulsory
📊 DETAILS Sector: Biotechnology & Medical Research Mkt Cap: 12,847 cr Sun Pharma Advanced Research Company Ltd is engaged in the business of research and development (R&D) of pharmaceutical products. TTM PE : -- (Low PE) Sector PE : 55.17 Beta : 0.80 📚 INSIGHTS Momentum Trap Strong price momentum & technical indicators may tempt investors to...
SPARC Breakout from down channel SPARC trending downwards from recent highs in channel. In last couple of days it has broken out of the channel and primed for all time high
The chart looks good in weekly time frame. It had given breakout previously , retested and now showing some bullishness to go up. After 2015 the stock might come to the same area may or may not break the resistance area. No call, No tip ..only stock analysis
Today stock has given flag bo , if it sustained good move is expected only for educational purpose not for sugesstion
SPARC (1W TF) Swing Trade Analysis given on 27th November, 2023 (Monday) Pattern: ROUNDING BOTTOM - Neckline Resistance Breakout - Done ✓ - Volume Buildup & Spike - Done ✓ - Retracement + Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #sparc
SPARC is a loss making company, hence this is purely a technical pick. Stock has given beautiful trendline breakout and is in consolidation since breakout. Above 400, stock can fly to ATH. Risky traders can enter at CMP for better risk reward.
On Technical Indicators this stock shows bullish trend. While on the Weekly Chart the Stock has shown the break out of flag pattern. Buy @ 378.60, SL @ 360 & Tgt @ 423
-- Waiting for the strong Trendline Breakout Candle with High volume -- Flag Pattern on Daily TF(Waiting for Breakout) -- Doji Candle formed On Weekly Candle at SUPPLY ZONE -- RETEST the breakout level -- ‘W’ Pattern BreakOut On Monthly TF -- So there are Multiple signals of buying but just waiting for strong Volume On Daily TF. Please Follow!!! (Also...
SPARC | Looks good for another 50% rally CMP : 360 SL : 300 Target : 520 1:3 risk reward setup
There is a swing opportunity in SUN PHARMA ADVANCED RESEARCH COMPANY . Reasons are listed below : Flag and Pole pattern. 0.382 Fibonacci support. higher highs are being made. Strong consolidation phase of 5years. Increased volumes. Target - 423 // 463 // 530 StopLoss - Daily close below 357
SPARC is showing billishness. There is two chance of rally in this chart. target is 510.
The Stock is ready to push to 300. first hurdle at 260 and then 300. Get ready for a crazy ride....
previous support act like a resistance & now it looks like a inverse head and shoulder pattern. Previous there was a head and shoulder pattern but if it traded above 269-271 high chances of up move.
SPARC is trading near support and volume is coming in this stock. Price is at an attractive area. Targets 250-290-300-320-350
NSE:SPARC ✅ #SPARC trading above Resistance of 357 ✅ Next Resistance is at 610 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is...
-Multiyear breakout -triangle pattern breakout -above all crucial ema and sma -adx, rsi , macd indicating bullish momentum from here
SPARC | Technically very good setup to capture a 50% rally in short term Trendline + W (Double bottom) CMP : 226 (Dip : 200) SL : 180 Target : 335