SUNPHARMA trade ideas
Buy On Dip StockAnalysis :-
1. Stock is trading in old range from 2013.
2. Buy on dip on trendline provided or if further brokedown than enter on 200 moving average provided.
3. Stock is trading in range so better book profit immediately on its most recent resistance seen. There is 100 of other stocks to look for opportunity. Never be emotionally invested and stuck in a stock
4. Diploy not more than 3% to 5% capital.
Sun Pharma in Support AreaSun Pharma is at Support @ CMP 600 (15.03.2021)
SL : 580
TGT : 680-100
Time Frame : 1 Month
Risk Reward Ratio : 1:4
Only for Educational Purpose
SUN DOWNAt CMP(612.65), stock might make a move towards 606/596
Stop loss : 620
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
SUNPHARMA- Multi-time Frame + Fibo Trending with limited pullbacks
Resistance: 650
Support: 600
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
603.80 Can act as supportHi, look in to the chart to understand the analysis .
disclaimer - This is purely for educational purpose ( before any trade do ur own analysis )
i am still a beginner.
Retracement is always good for RR ratio / confirmation
Double bottom pattern...buy low as possible ... tgt 637, 646 SL FOR SHORTY TERM ONLY..
This is My view... Disclaimer - Educational purpose only.
SUN PHARMA is a must buy tomorrow!!!It has broken all the resistence .
Tomorrow might get a dip .which will be a buy for sure.
minimum of 10 points is an easy target
All the best!!
