Sun pharma: Good buy even if provides dipEither it can go with rounding bottom continuation or can drop with market weakness and form Cup & Handle. Rough view on Chart
SUNPHARMA trade ideas
Sun pharma long on daily and weeklySun pharma long on daily and weekly, Give positive closing above moving average look to buy with a stop loss on low of weekly Do Ji.
SUNPHARMA BULLISH For Swing TradingAll-time High Break expected As the bearish Run was a manipulation by Big Player.Wyckoff cycle done with all the necessary part of that.
Sunpharma - 10th May 2022Stock in Clear Uptrend -
Break of 850 levels on Closing basis can result in deeper Correction to 800 Levels
Above 900 Uptrend may Resume with Caution
TRENDLINE IN SUNPHARMASUNPHARMA follow a Trendline and it is a good opportunity for swing trade If it make 'W' pattern in hourly timeframe and break it than that is a good chance to take trade
SUN PHARMA DAILY CHART ANALYSIS AS ON 02.05.2022SUN PHARMA as per daily chart analysis has formed a DRAGON FLY DOJI and stock above 928 for a target 938
Simple Trade Setup | SUN PHARMA | 02-05-2022 [INTRADAY]NSE:SUNPHARMA
Observations:
1) On 1day time frame, we can see it made inverted hammer in up trend and after making new high it was facing huge selling.
If it starts to trade below this candle's low which is 919.55 then the pressure of selling will start. And as per technical levels 920 is breakdown level and 900 is last major breakdown level of it.
Please refer below chart : 1day time frame.
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Trade Setup for 02-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Sun Pharma Weekly breakoutEven in this carnage, one stock has managed to inch upwards and looks good at current levels. Follow the stop loss at 900 and initial target can be the old all time high (1050-1100).
Sun Pharma bearish structureAfter breaking down of a trading range price has been consolidating in a triangle pattern, with bearish signs
Sun pharma intraday signala triangular pattern is formed in the area and can initiate a trade using the signal ...
happy trading
Short the Sunpharma for intradayIts for intraday 1:1
Confirmation 2
———fib.618
———Bearish engulfing at 5 min
Entry at BOS in 5min
Target till supoort and its also .5 fib from below
#Sunpharma cash : Looks good sell below 896#Sunpharma cash -Posiitonal call
25 April 2022
Sell below 896
stoploss 910
target 860-865
Cmp 901.10
Sun Pharma intraday trade setupTrading idea - Sun pharma - Intraday for 25 Apr
Buy Trade setup
buy above 927
SL - 924
Target - 931 / 938
Sell Trade Setup
Sell below 914
SL 917
Target 906
Sun Pharma Looking promising for longRounding off patter on weekly chart, one can buy above 950 for 1100 target. Refer the channel or trend line, once price close above the trend line, we can expect good up move.
Swing Trade #SUNPHARMA
BUY TRADE
ENTRY 931.50
SL 915.55
TARGET 1/4
QUANTITY 31
#follow rr
#swingtrade
#month report
SunPharma Analysis | Sun Pharma Analysis | weekly view 20 april
Where you will invest for future returns?
FD / Mutual Fund / LIC Bond
Wow Descending Triangle formed.
Now we have to wait for breakout either side "15 min preference" should sustain first.
Condition 1: We will only look for Buying once 931 taken out reason being two levels will crossed (Price Action & Triangle).
Initial Target (IT) : 938.
Exit Target or starts trailing from here : 942.
Condition 2: Sell activates once 919 taken out & sustain.
Initial Target (IT) : 912
Exit Target or starts trailing from here : 907.45.
Note : Patience is the only key for success.
Sunpharma BullishSunpharma Strong Weekly closing indicates rally
may continue further
concentrate if price sustain above 940 in daily
SUNPHARMAStock was hovering near the resistance after the breakout and have now started moving upside. Buy above 940, TGT 1000+, SL 900. For educational purpose only. Kindly contact your financial advisor before entering any trade.
sunpharma head and shoulder NSE:SUNPHARMA hoping to see head and shoulder on 1 hr time frame , should give break down if it breaks channel.
SunPharma - ShortsSunPharma April - Put Debit Spread
Buy 920PE - 14.50 - 15.50
Sell 890Pe - 7 - 7.50
Buy first, Sell next.
LOGIC Confirmations
1. 1year Trendline channel top
2. Reversal formation on Daily Chart
3. Resistances of 2016 highs (Horizontal Lines)
