Get started
Sun Pharmaceutical Industries LimitedSun Pharmaceutical Industries LimitedSun Pharmaceutical Industries Limited

Sun Pharmaceutical Industries Limited

No trades
See on Supercharts
OverviewFinancialsNewsIdeasMindsTechnicalsForecastsSeasonalsOptionsETFs

Trade ideas

Sun Pharma - Vanilla Analysis !Probability on the sell-side is very low. The sector is in a strong uptrend. Some selling can be seen near buy target. Institutions might be active around the zone as a lot of retailers would try to trade the breakout and will be trapped as all the SL orders would be executed. (In this case, SL is nothing but sell orders in the market) which would dump the stock faster. I will short the stock near the target after exiting the buy position. Here, buying is from the point of view of the retailer and selling is from the point of view of the institution. The red dotted line would be my stop for selling (This is a risky trade as the trade doesn't follow the regular market logic). Closing above that would eliminate my idea. Will update any change during market hours.
NSE:SUNPHARMA
by Sarthak_Singh
DARK HORSE * After a long consolidation in Pharma sector now this sector IS finally wake up and Most underperforming stocks is Sun Pharma . * In Technical Price action analysis this stock after a long consolidation now ready for breakout the level is 660.0 . *Closing above 660.00 i am super bullish in this stock and i am also try to pre-attempt this breakout with small qty and with proper risk and money management . * Technical Evidences - 06 years Long term trendline breakout and also made rounding bottom chart pattern . This my view in this stock for educational Purpose only. Kindly Let us Know if you have any Question .
NSE:SUNPHARMALong
by PrasantaP
6