SPARC trade ideas
SPARC: INJECT AN R&D BOOSTERSPARC(W): LOOKS GOOD FOR SIGNIFICANT UPSIDE. 1) INVERSE HEAD AND SHOULDER BREAKOUT WITH PULLBACK 2) VOLUME EXPANSION. UPTO 45% UPSIDE.
SPARC: INJECT AN R&D BOOSTERTechnical view: Chart pattern: Cup and handle breakout, RSI: Bullish, ADX Bullish, MACD Above signal and center, Trading above all SMA. Buy SPARC at CMP for 400+ levels, horizon: 6W, SL: 200.
SPARC Flag BO with volumeNSE:SPARC
if market remain positive can see 290 levels
SL 234
T 262, 272, 291
TF 15 days
Multi-year Breakout & Retest doneGood multi-year Breakout in SPARC As well as cnxpharma breakout happening.
High probability trade
Entry = 255varound
Target = 399
Stoploss= 208
SUN PHARMA ADAVANCED RESEARCH SPARC has made a breakout above its resistance of 210,with a inverted head and shoulder pattern.
Volume increase on formation of right shoulder followed by a breakout gives a strong confirmation ..
Upside potential of 40-50%
Target 340
Sun Pharma advance research Darwis box breakoutSun pharma created rounding bottom and completed the breakout and then entered in to a range trade ( Darwis) and now breakout with good volume.
Good above entry level.
All the levels marked in chart.
SUN Pharma Adv Weekly Analysis Inverted Head And Shoulder BreaSUN Pharma Adv Weekly Analysis
Inverted Head And Shoulder Breakout - Range Breakout - Volume Breakout
CMP 255 Buy Target 300-350-400-475-550-600-700+
Add some more @ 200-205
SL below 140
Holding Period 3-5 Years
SPARCSPARC
Buy above 260
(Add on dip till 245)
CLBS 220
Tgt 280 300 320++
Note - Plaese consult your financial analyst before taking any entry exit
Flag breakout on weekly chartSparc after consolidating and squeezing,has crossed it's previous week high of 232.00.longs can be initiated with a target of 340 and sl of 225 from cmp of 250.
By the time i wrote this post stock went from 240 to 252,perhaps a bit late entry but still setup is promising
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
SPARC - LongStock has given a BO after a very long consolidation. After giving a BO with strength candle the stock ha formed a cluster of IC's. Bo above 223 can see the stock moving much higher level.
SPARC from 4 June 2021The stock has given breakout with good pattern
Major Support : 200-206
Minor Support : 218 -222
Upside move:
above 226 minor long can be taken
above 240 major long can be taken
Target : 250 -> 260 -> 275
SHORT TERM It is good for short term.
If price sustain above 248 then price move to 275/285++
and the support is 216
Sun pharma inverted head and shoulder breakoutSun pharma giving breakout with inverted head and shoulder bullish pattern. also giving resistance, breakout line is your support
Bullish flag pattern, targets of minimum 25 percentThe stock is following Bullish flag pattern, and has given good volume breakout
one can keep track for it to break the pattern or can buy at CMP of 224 around.
For sure shot buy, can be bought when it breaks the pattern.
Targets are very high, for any bullish flag pattern the targets is approx equal to the length of the flag, but the optimistic target is of 285 and 305++ within short time as soon it breaks the pattern'
Stop loss is below 208Rs, hence SL of 16Rs.
if your risk appetite is of 500 RS loss per Stock, then always follow positional sizing to buy the stock, which means buy 500/16= 31 Stocks'
Also one more thing to keep in mind is the Risk appetite i.e 500 Rs loss is generally up to 3% of the total capital invested in stock market.
Kindly use for education purpose only
