SPARC trade ideas
Buy Sun Pharma Advanced Research | Expected Profit 35-50%Goodluck Capital Recommendation
Buy Range - 120-138,
Target - 170-190,
Stoploss - 105,
Duration - 3-4 Months,
Potential Return^ - 35-50%,
Maintain recommended stoploss by daily closing basis.
Once 1st Target hit, reset stoploss at 153.
^ Potential returns are calculated based on the median of buy range.
SPARC - Swing Long with a target 186-200Price is taking support .786 fib level and closing above 20 & 50DMA. Entry can be made at CMP 158-160 , keeping SL near 150.
Nifty in Negative mode.Nifty is turning into negative mode. Kindly take shot entries at red colored area. Kindly take position at your own risk. We are no way responsible for your misunderstanding.
SPARC....LOOKS GOOD FOR UP SIDE FROM CMP-158SPARC LOOKS GOOD FOR UP SIDE CMP-158
RANGE 160 TO 155
SUPPORT 140
UP SIDE 260+++
TIME FRM DAY TO 6MONTHS
SPARC showing spark for longSPARC is showing positive divergence with RSI on Daily chart
Buy CMP (273) for 285 and above as per Fib levels
SL 264.8
Perfect cup and handle pattern formedFundamentally company is very weak...but technically is very strong
Will see techincal is right or fundamental
SUNPHARM_ADV_RESRCH Channel Breakout SPARC is moving in a channel for a while.
Made a good leg up on account of the results, awaiting a breakout/reversal.
RISING TREND LINE : SPARC (Sun Pharma Advance Research Company)
SPARC (329.10) :
SPARC is trading near support of rising trend line and stock has given bounce back from same. One can initiate long position around 325-330 levels with stop loss of 305 (closing basis) for Target of 380.
