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.
SUNPHARMA trade ideas
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
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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)
SUNPHARMA - Triangle break outTriangle is break out and retest in progress. Good buy above 914.6 on 15 mins close with SL 902.2 under triangle nose.
SUNPHARMA - Breakout above 9322 weeks consolidation in a handle like area. Nice couple of stop candles in weekly. Might breakout above 932.
Rounding Bottom PatternNSE:SUNPHARMA
Rounding Bottom Since 2015, Highest evert quarterly Net Profit, Ray Dalio Principle
SunPharma Cup and handle.Sunpharma formed a cup and handle pattern since 2015 and its on verge of giving a breakout...
probably touch ath after giving breakout.....
Bu Sunpharma @855-860 Cup and Handle formation with breakout wait for Green Candle conformation take entry with 1:3 RRR
Simple Trade Setup | SUN PHARMA | 01-04-2022 [INTRADAY]NSE:SUNPHARMA
Observations:
1) 15min chart for reference.
Please refer below chart : 15min Time Frame.
2) Same chart on 1 day time frame.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 01-04-2022
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.
SUNPHARMA READY FOR BLAST AGAINHello everyone this chart technically measured and filtered by team INFINITYIV.
You can check our multiple target achieved chart ie PVR, SUNPHARMA, HEROMOTO, RECENT HITS…
WHY SHOULD I BUY?
1. After bollinger band blast on day, week & month time frame, now trading above last week candle closed.
2. Trading Near upper band. Any time can blast.
3. Volume Accumulation completed on monthly basis.
4. Trading above VWAP In short time frame.
5. Vortex bullish cross seen.
6. CLEAR CUP & HANDLE PATTERN SEEN.
7. Support of multiple fib retraced.
8. Near to life time high sure jump above it.
Disclaimer.
1. Trading involves risk.
2. We have positions SUNPHARMA.
3. For better you can consult your financial advisor.
looking good for a short term long Position.This is My personal View.
Take the trades at your own risk.
my trades are all based on volume profile and no complicated Stuff.
Easy setups make great trades.
Sunpharma looks Week at topSunpharma nearing its top trending line RSI Looks weeks Shows weekness
Short when support zone breaks
Target is lower trendline.
Scan BB+ RSI Divergence Bearish 23-3-2022
Sun Pharma930, 924, 921 are major Resistance and 882 is major support, so can add at 900-910-915-920.
Stop loss should be 870 rs.
[BUDDHA] SUNPHARMA Inside Bar Trade Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
SunpharmaBuy above 905 with the stop loss of 900. Targets are 911, 917 and 922.
Sell below 896 with the stop loss of 901. Targets are 891. 885 and 880.
NSE:SUNPHARMA trading bullish @ resistance !!NSE:SUNPHARMA
#NSE:SUNPHARMA trading bullish @ 2015 resistance level, last month tried to BO, and retraced for a month, now again trying for BO with good volumes.
All potential levels marked on chart for LEarning.
Sharing the potential levels daily like this, If you like the analysis, hit the like.
Happy LEarning.
Sun Pharma: -Starring at the Sun 🌞 Imp. Sup, Resi & TargetSun Pharma
Important levels as per Technical Analysis
- stock is consolidating near previous top
- potential 20 day and 50 day EMA support at 883 / 861
- probable trendline resistance near 936-942
- above line of resistance, doors open up for a breakout trade potential & target of 996 / 1018
Plan your trade accordingly
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
