SUNPHARMA NSE:SUNPHARMA
Positional stock here done in daily tim frame.
add in your watchlist and keep traking for the right entry opportunity based on your own price action analysis.
SUNPHARMA trade ideas
SUN PHARMA LOOKS GOOD FOR 1200#SUNPHARMA (LONG TERM)
CMP 890
TGT 1050, 1200
SL 800
Risk Reward (RR) - 1:3.8
Potential Returns : 35%
Potential Loss: 9%
Time Frame: 4-6 Months
YR 2022 Idea #5: Long on SUNPHARMA This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
POTENTIAL OPPORTUNITY - 12% TO 18% UPSIDE MOMENTUM PREDICTIONPOTENTIAL OPPORTUNITY - 12% TO 18% UPSIDE MOMENTUM PREDICTION in NSE:SUNPHARMA and also predicting positive for long term investment.
PRICE ACTION momentum is between the TREND LINES
PREDICTING Clear formation of CUP & HANDLE, If its break will touch the TOP TREND LINE
ONCE ITS BREAK-OUT WE CAN EXPECT BULLISH RALLY
This is for Educational Purpose only, apply your prudence & consult your adviser before investing.
#nse #long #investing #nifty #sunpharma
TARGET (1) - ACHIEVED 12% @ SUN PHARMACEUTICALS INDUSTRIES LTDAnother Target Achieved - NSE:SUNPHARMA
Target (1) - 12% - Achieved
For Reference - Click on Below Link (Related Idea : Posted on Dec 26, 2021
Next Target (2) ----> 18%
Happy Trading ….. !!!
#nse #long #investing #nifty #sunpharma #targetachieved #riskrewardratio #gain #potentialgain #swingtrade
SUNPHARMA - Patterns repeat itself to show repeatative (Study)This is study of upward channel assisted with Fibonacci retracement & extension which show beautifully that patterns are repeatative in nature. In order to be successful analyst & trader, person should identify stock characteristics & patterns.
SUNPHARMA move in the upward channel is a 6 point move explained below. Exact same behaviour is exhibited by stock twice and now moving forward toward upward wall of the channel & 1.6 extension level.
1 - Start of move from bottom of channel
2 - Reach the peack of move.
3 - Consolidation before breakout
4. Reach fibo extension level of 1.27
5. Retracement from extension level
6. Solid move to 1.61 fibo extension level
Keep your charts simple & don't force pattersn but let the chart stand out highlighting the behaviour.
Happy learning.
Thanks
Piyush Gupta
Learn & Earn
Cup & Handle Breakout for more than 5%DON'T HAVE TIME TO MANAGE YOUR TRADES? | Cup & Handle Breakout in SUNPHARMA
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Buy Today, Sell Tomorrow: SUNPHARMA for more than 5%
Breakout In SunpharmaBreakout In Sunpharma With Heavy Volume.
Yesterday sunpharma Reported Positive Earnings.838 925 950
Stop Loss - 838
Target - 925,950.
Sunpharma - Breakout levelSunpharma approaching ATH level. breakout above 871. Swing traders can watchout for clb breakout.
Sunpharma - Risky Set UpThis trade setup especially indicates if your risk management is good. you may sustain in the market for a long time.
Only for learning and sharing purposes, not a trading recommendation.
All the best.
Sun Ppharma Next Target 900 Sun Pharma maintains the trend line in the weekly and daily chart, taken its support it will reach 900.
SUN PHARMAThe stock recently got good healthy retracement from 61.8% which is good sign for trend continuation.
Within wave 5, wave I and II looks complete, and now possibly wave III can unfold towards 921, on down side 777 level will be crucial support to watch out for on the way down, the quarterly result is due on monday and hence there could be some volatility however, wave structure suggests wave III of 5 can now possibly unfold.
overall wave counts
Healthy retracement up to 0.618%
breakout with volume
macd in daily
macd in hourly
rsi in daily
rsi in hourly
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
BUY SUNPHARMASunpharma has given the breakout and looking good to buy in 855-850 range for upper marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Sun pharma At this important level can bounce from here.
Trend line support
With highest delivery volume of November area.....
SUNPHARMATaking support from 100 EMA multiple times
Again near 100 ema and forming doji candle
Probability of giving upmove from tomorrow.
only for educational purpose.
SUNPHARMA BUYSUNPHARMA BUY for day trading if stock break the channel then we will enter in trade......
Sun Pharma ( cub handle pattern)Sun Pharma ( cub handle pattern)
Above 850
Target,873,900
Stop loss 836
sun pharma strong weekly close it seems the stock has given a strong weekly close
and also breaking out of multi year base formation
with a strong pattern (rounding bottom) with cycles
This is also referred as “saucer” as it resembles a clear inverted “U” image.
The pattern signals that the existing downtrend is about to finish and the possibility of an uptrend to commence.
This creates an opportunity to go long.
SUNPHARMA BUYSUNPHARMA BUY for day trading if PHARMA Sector also strong then we will buy the stock....
SUNPHARMA #TAView #OnlyEducationalRecent breakout with good volume. Now there will be pullback, good if sustained above the pull back range
