SUNPHARMA trade ideas
SUNPHARMA - Ichimoku Bullish Breakout Stock Name - Sun Pharmaceuticals Industries 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 1015
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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SUNPHARMA LEVELS FOR MONDAY - 24-10-2022Important SUNPHARMA Levels ( Support & Resistance ) for Monday Market- 24-10-2022.
Disclaimer:
I am not SEBI Registered Analyst, This Channel Videos are 100% Education Purpose Only, Myself or my Channel Not Responsible for Your Profit/Loss, Please consult Your Financial Advisor before trading/investing on share market.
SUNPHARMA 12.10.2022Stock chart patterns often signal transitions between rising and falling trends. A price pattern is a recognizable configuration of price movement identified using a series of trendlines and/or curves.
When a price pattern signals a change in trend direction, it is known as a reversal pattern; a continuation pattern occurs when the trend continues in its existing direction following a brief pause. There are many patterns used by traders—here is how patterns are made and some of the most popular ones.
Parallel channel - Broke the resistance.I have posted this on 3 Oct in weekly time frame. Now it's time to enter in daily time frame, it broke the resistance and consolidated for few days and formed a bull candle.
I've already entered the trade yesterday.
There is all time high between 1100 to 1200, take risk according to your risk appetite.
*Market is always superior*
Long Sun Pharma at 950long sun pharma at 950 with a stoploss of 935 on weekly closing basis. it has formed a cup and handle pattern on daily charts and looks very bullish . the target for the said scrip on basis of technical chart is 1150. time frame to acheive the target is 1 to 3 months.
Disclaimer: Not a personal trade , views shared for educational purpose only
SUNPHARMA long
Looks good for a small swing
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position