SPARC trade ideas
Breakout in Sun Pharma Advanced Research Company (SPARC)...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 1 (17%) achieved in SPARC. Target 2 is ON...This is follow-up on Sun Pharma Advanced Research Company (SPARC). Can check link to related ideas.
Target 1 achieved. More than 17%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
buy if after retrace it break it's previous highgo for long if after retrace it break it's previous high. educational purpose only.
Swing Trade - Long Opportunity SPARC1) Long Wick showing buying pressure on weekly candle
2) Elliot Wave pattern
3) Inverted H & S
4) Huge Volumes
Sun Pharma Adv - Broke Major Resistance | Positional IdeaHighlights:
1. Broke out of a major resistance
2. Volume expansion
3. Bullish market structure
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
About the Company:
Sun Pharma Advanced Research Company Ltd is engaged in pharmaceutical research and development.The product range of the company includes: NCE Projects- Under this the company is currently working in therapeutic areas namely anti-allergy, soft steroid, anticonvulsant and muscle relaxant.NDDS Projects- Under this the company is working on delivery system based platforms such as biodegradable implant, nanoemulsion, dry powder inhalation technology, wrap matrix controlled release systems and gastro retentive system for controlled release. The company is focused on innovating drug delivery technologies requires for treatment of cancers and psychiatric ailments.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
BUY SPARC @261.4 Target-305 ; SL 248BUY SPARC @261.4 Target-305 ; SL 248
There is a head and shoulder breakout at 260.
We can buy at a retest of the breakdown of the neckline at around 261.4.
This appears to be a good probability setup.
Buy for long termThis stock has potential to give 4-5 returns on capital in next 5-6 years. The base has been formed . Breakout and retest has got done.
Disclaimer : it's not an investment advice to buy or sell
SPARC Cup & Handle Resistance BONSE:SPARC
All levels updated on chart,
Buy only price sustains first 15 mins above the entry level.
Entry level will be the SL.
Swing Trade, T & F both looking good, Position holders can use the nearest SL and day traders strictly support level.
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Resistance breakout in SPARCSPARC has consolidated near its weekly resistance of 270, Breakout of the same can lead the price up to 335-340. Stoploss can be kept below 239.95. Also given breakout from the strong resistance of 217 with strong volume support.
SPARC : Flag & Pole with high volumeSPARC :
-Filtered in strategy#2
-Good Volume
-Flag&pole pattern
- Ready for BO.
- Good R:R:
-Holding may be 6 month
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
SPARC - Monthly chart BreakoutThis is for education purpose. Invest only after taking advice from your investment manager.
SPARC has broken multi monthly box trap net and in recent breakout in 2021 shows that it has potential to hit 292.
Please do let me know if there are any suggestions or questions. Will be happy to read comments
