#Sunpharma cash : Looks good above 786.50#Sunpharma cash -Positional call
15.Dec 2021
Looks good above 786.50
stoploss 765
Tgt 818-820/848-850
Cmp 778.55
SUNPHARMA trade ideas
SUNPHARMA SHORTDo initiate trade based on 5min candle close!
Levels mentioned on chart.
Trade at your own risk!
Thumb's up if you like the idea and do follow for more such ideas!
Sun Pharma Hourly chartPrice has been in the bear trend channel for a long time, now there's evidence of of a reversal here, especially if crosses 775 with high volume
Simple Trade Setup | SUNPHARMA | 20-12-2021 [INTRADAY]NSE:SUNPHARMA
Observations:
1) On 1day time frame, it is trading below 100DMA but it took support from 21DMA.
Since short term average is below the long term averange, it is a sign of bearish.
But if it managed to trade above 100DMA then it will be again a buy trade.
21DMA is placed at 763.35 level and 100DMA is placed at 783.82.
We can see that level range of 760 is immediate suppport and level range of 785 is immediate resistace.
Please refer below chart : 1day Time Frame.
2) On 1 day time frame, we can see that it is trading at the bottom trendline of the parallel channel. If it maintain to keep the support from this trendline then we can see an upmove till middle trendline of parallel channel.
On breakdown of this bottom trendline it will be bearish.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 20-12-2021
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 PHARMACEUTICAL- Short term SwingSwing /Short term;
Once triangle breaks with daily frame, chances for some good move up with RR 1:3.
Sun pharmaInterday
Sun pharma
By above 780
Target 791,798,817
Stop loss 770
don't miss market open 15min after check then bye call
SUN PHARMACEUTICAL DAILY CHART ANALYSIS AS ON 15.12.2021SUN PHARMACEUTICALS as on daily chart analysis is in a brief consolidation zone and stock above 780 level for a target 790 level.
#Sunpharma cash : Looks good above 784.10#Sunpharma cash
15.Dec 2021
Looks good above 784.10
stoploss 770
Tgt 798-800/820
Cmp 775.10
SUNPHARMA INTRADAY DEC 15THALL LEVELS PROVIDED ON THE CHART.
Possible support zone breakdown.
IN CASE IT GOES UP cos of omicron news then the buy levels are also given.
thank you very much.
SUN PHARMA WILL GO UP Currently it is moving in channel, if it sustains above the Upper trend line then it can be considered for going long.
Sunpharma 8th December predictionSunpharma 8th December prediction on the basis of Technical analysis and price action.
This post is only for educational purpose.
NSE:SUNPHARMA
Sun Pharma Hello everyone this is an opportunity to buy on deep. You will go long with the target mentioned on chart. B4 investing you can contact your financial advisor. This is only for paper trade. Thanx
Sun Pharma AnalysisThis my own analysis. I'm not SEBI registered analyst.
This post is for education purpose.
Sunpharma BearishSunpharma Seems Bearish Rally may continue further concentrate
if price sustain below 745
Sunpharma important levels for long term investmentSunpharma important levels for long term investment
Level 1 = 670
Level 2 = 480
Level 3 = 350
Sun Pharma LONG, best Time to buyThe stock is standing at its 50% Retracement from All-time High to Lowest Bottom after covid crisis. Followed by major Trendline Support. Increase volumes and good breakout. Tried to break 50% but retraced. 50% will be an excellent S or R. Targets can be 792.
Intraday trade: watch for support breakdownshort below 748 in Intraday
For stoploss in Intraday use 5 minute chart and see nearest resistance.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapdown or bd before 9:20
If gapdown is more than 1% from bd level than avoid completely.
if less than 1% or gives bd before 9:20 than wait for
first 5 minute candle and entry below 5 minute candle
and revised SL above candle high.
