SUN PHARMAHey guys this is day chart of Sun Pharma and this stock is trading at resistance zone 1060...and support zone is 975
SUNPHARMA
#LUPIN #LAURUSLABS #ZYDUSLIFE #APOLLOHOSP #FORTIS #AARTIDRUGS #I#LUPIN
NSE: LUPIN
CMP: 756
TP: 910
SL: 700
TF: <6m
RR > 3 times
Return > 20%
THYROCARE CNXPHARMA LUPIN NSE:CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#CIPLA #BALPHARMA #GLENMARK #SANOFI #PFIZER #AUROPHARMA #NIFTY50#CIPLA
NSE: CIPLA
CMP: 1128
TP: 1250
SL: 1080
TF: <6m
RR > 2.5 times
Return > 11%
THYROCARE CNXPHARMA LUPIN NSE: CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#THYROCARE #CNXPHARMA #LUPIN #CIPLA #SUNPHARMA #SPARC #DIVISLAB #THYROCARE
NSE: THYROCARE
CMP: 700
TP: 920
SL: 600
TF: <6m
RR > 2.3 times
Return > 30%
THYROCARE CNXPHARMA LUPIN CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Sunpharma Breakout of Contracting Triangle and Double BottomThe idea here is about Sun Pharmaceutical Industries Ltd:
Sun Pharmaceutical Inds. Ltd is an international specialty pharma company.The company also makes active pharmaceutical ingredients. In branded markets, their products are prescribed in chronic therapy areas like cardiology, psychiatry, neurology, gastroenterology, diabetology and respiratory.The company is engaged in manufacturing of product in the following therapy areas:CNS disorders,Cardiology,Diabetes and Metabolic disorders,Gastroenterology,Ophthalmology ,Oncology,Pain,Allergy, Asthma and Inflammation and Gynecological.
My view is bullish for the below observed technical factors.
Points as per TA on a Weekly Chart:
1.Contracting or Symmetrical Triangle breakout on a weekly chart as per below:
2. Double Bottom Breakout on a weekly chart with huge volume as per below:
3. Bearish Deep Crab harmonic pattern CD leg in progress at the time of publishing as per below:
4. Trading way above 20 & 200 EMA on a weekly chart as per below:
5. Trading above 20 & 200 EMA on daily chart.
6. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily, weekly & monthly chart is Strong for an upward momentum at the time of publishing. Hence the trend is very strong.
7. RSI is at 62.43 on a weekly Chart and 70.09 on daily chart at the time of publishing.
8. MACD above signal line on weekly & daily chart.
9. Hull Moving average and other moving averages on a daily,weekly & monthly chart is a strong buy.
10. ADX (Average directional index ) trend strength is at 15.17 on a weekly and 23.25 on a daily chart which indicates a absent or weak trend (ADX between 0-25 is a Absent or weak trend) However, the trend seems to be picking up on upward momentum.
Projected Target: provided in the chart as per double bottom & Bearish Deep Crab harmonic pattern.
Stop Loss: Provided in the chart.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!!
Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis.
Do leave your valuable feedback & comments for any improvisations.
Cheers.
SUNPHARAMANSE:SUNPHARMA
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
SUNPHARMA Positional Pull Back idea.I am expecting a pullback on NSE:SUNPHARMA from current levels.
It will be best to take entry at level of 1004 with strict stop loss of 982.
My targets will be 1018, 1028 & 1035.
Note: This is my personal analysis, only for learning. Thanks.
Sunpharma Basic Analysis of Sunpharma
As per the resistance and support new traders can start trading in cash.
Trend is upward as we can see on the chart and moreover if want we can also use Moving Average also for overall stock trend
Sunpharma ready to go light speed ⚡The momentum is building for soo long now i think its time ... Try to 📸 it 🧠💡.
SUNPHARMA, INVERSE HEAD AND SHOULDERS stock could reach its previous resistance(1020). currently for short term, going long.
SUN PHARMACEUTICAL Inverse Head and Shoulder Formation. *SUN PHARMACEUTICAL*
Time Frame: Daily
Observation:
* Inverse Head and Shoulder Formation.
* Lifetime High Breakout
Resistance/Target: 995 1055 1115 1155
Support: 864 821 791
SUN PHARMA [sell on rise]sun pharma has taken out trendline support on both daily and weekly time frame we can buy puts near 805-810 for trgts of 770-750-and final trgt 730
SUNPHARMA (Trade the Trend) - BullishSUNPHARMA - Sun Pharmaceutical Industries Ltd. NSE:SUNPHARMA
After Q4 Results we saw a good sell-off in Sunpharma, yet the price hardly moved much
Shanghvi stated "Our India business continues to grow faster than the market, leading to an increase in market share. We continue to focus on expanding our global specialty business, growing all our businesses, and improving operational efficiencies," stated.
The company said its board has proposed a final dividend of Rs 3 per share for FY22.
One can plan a long position between 835 to 840 with a strict SL of Rs 825 for short term trading (01 to 02 weeks) and SL if the price moves below 825 (Daily candle close) for long term swing trading (greater than 2 weeks)
Short Term targets are up to - 886
Long Term Target is up to - 929
Risk Reward for this trade is very good
#Learn&earn #Wealth #Editor's Choice #trending #Weathmagnet candlestick analysis, candlestick stock pattern
Do Support by Liking and Commenting on our Post as it motivates us to post more such ideas
The chart is for study purposes only!!
Kindly consult your Financial Advisor before investing any money
sun Pharma sun Pharma is a interesting point. will it go up or go down, keep your fingers crossed. gap is more between SMA 200 and price.take your own call.
Sunpharma view for tomorrowSunpharma view for tomorrow
Seeing ascending channel in sunpharma
Breakout will lead to more upside in coming days
Sun Pharma ADV BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Sun Pharma Best #BottomFishing ZonesBest Buy Zone: 620 - 732
Good Buy Zone: 732 - 804
Add on bounce, not while it is falling.
Long Term Portfolio Stock.
Tracking Quantity can be taken at CMP. (Tracking Quantity : Suppose you want to Invest Rs.X in a particular stock. The amount between Rs.X/5 or Rs.X/10 would be tracking quantity) (‘Tracking Quantity’ of a stock in your portfolio will help you keep a track of the stock if it is coming in the indicated buying zones.)(Sometimes Out of sight goes out of mind so buying tracking quantity of stocks that you want to add in future helps.)
Sun Pharma chart analysis Sun Pharma a great company and a great stock and ofcourse a great chart because of the Russia ukraine war sun Pharma fell towards its money making support line which is going to push this stock upwards and this support line is been followed from 2020 corona crash so I suggest strong buying position for sun Pharma
