SPARC trade ideas
SPARC - Ichimoku BreakoutStock Name - Sun Pharma Advanced Research Company Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 274
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
SPARC-Likely Inv.Head &Shoulder Pattern BreakoutSPARC: Exhibiting the characteristics of likely Inv.Head &Shoulder pattern. Consolidated from 260 to 160 and bounced back shortly.It can be noticed that during its fall from 260 levels to 160 the sell volume was moderate and while completing the right shoulder increase in its volume can also be notices-which are the characteristics of a typical Inv.Head &Shoulder pattern.
Its neckline breakout lies at 265 and as per the pattern the projected target is 290+
Fib retracement from a high of 340 to a low of 165(Jan,2022 high-Mar,2023) also indicates the target levels at 271 followed by 290.
Hope you like this stock idea.Like from the community would encourage me to post more stock ideas.
(For Educational purpose only)
SPARC : Breakout Soon#sparc #swingtrade #momentumtrade #patterntrading
SPARC : Swing / Momentum Trade
>> W pattern clearly visible
>> Volumes building up
>> Good Strength in stock
Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
SPARC Weekly Chart Breakout PossibilitySPARC Weekly Chart Breakout could be possible if Price closing above @263.00 and sustain.
:: Data Point ::
Breakout Point: @263.00
Target Point: @300.00
Stoploss Point: @239.00
"W" Pattern happend and breakout possibility are there. Price trade above 200 EMA with good volume.
SPARClong term downtrend channel on weekly time frame formation of symmetrical triangle in process entry and accumulate in zone 230-250 with support 215 weekly closing bases. above moment can be seen up till 380 -400in next 3-5 month .and also breakout with strong candal and volume above previous swing high
SPARC --- can give 30% to 40% gains in coming monthsNSE:SPARC
one can research this setup for potential 30%-40% gains
cmp is 251
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.