SPARC trade ideas
SPARC Cup and Handle on weekly chartGood cup and handle on weekly chart after 1.5 year of consolidation with visible signs of accumulation and improvement in eps. Wait for high volume BO
Sun Pharma Advanced Research Co Ltd ( SPARC ) trailing sl of 165This stock has comfortably trading above 200 EMA . It is also forming a ascending triangle formation, yet to give a breakout. Buy at current prices first target will be 192. 192 - 200 is major resistance. looking at the buzzing pharma stocks, I expect good momentum. In case it crosses 200 - 215 levels there will be big breakout and stock may head to 245 which is ultimate target for the trade. I will update what is to be done at key levels of 192 200 215.
Golden Crossover + U Shape Break Out ( SPARC Buy above 170) Buy SPARC Above 170. The stock has Got Golden Crossover and U Shape Pattern Breakout. Short term Idea. Target Up to 195. Grab It.
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.
