Sunpharma Flag formation NSE:SUNPHARMA
this can be a littil longer consolidation
buy only above 805 clsoing
SL 660
T 820, 845, 870, 900+
Sunpharmaanalysis
Falling Broadening Wedge Pattern In SUNPHARMAStock Name: SUNPHARMA
Pattern Name: Falling Broadening Wedge Pattern
Current Price: 679.60
Projected Pattern Target: 690+
SUNPHARMA long term speculationWith a multi-year breakout and current pharma sector conditions, I believe it's going to outperform the sector.
Disclaimer: for education purposes only not recommended for trade.
can use both weekly and daily timeframe for getting the big picture.
Check the notes points for further clarity
#sunpharma
SHORT OPPORTUNITY IN SUNPHARMAENTER WHERE THE MASSES HAVE THEIR STOP LOSS
TRAIL TO COST WHEN REWARD IS 70% OF THE RISK TAKEN.
RISK REWARD - 2:2
ALTHOUGH MARKET UNCERTAINTY IF FAR BEYOND MY ANALYSIS.
GOOD LUCK
TRADE AT YOUR OWN RISK!
SUN PHARMA IS IN NEUTRAL IN 15M TIME FRAMESUN PHARMA'S RANGE IS GETTING SMALL, AND IT WILL BREAKOUT EITHER BREAKDOWN IN 15 MINUTE TIMEFRAME.
SUNPHARMANSE:SUNPHARMA
WAITING FOR BREAKOUT ON EIGHET SIDE WILL UPDATE AFTER BREAKOUT
EXPECTED BREAKOUT ON 19 JUN ACCORDING TO GANN TIMMING
SUNPHARMA multi frame analysis. Bullish view.Hello Trader, Here is the full analysis of SUNPHARMA:
1) Monthly - crossed its monthly resistance which is now turned support.
2) Hourly - The stock is trading near to strong resistance/supply zone and can test is resistance for upmove.
3) Current retracement level is at 0.5 which is good level for prices to move up
Action
One can wait for the prices to cross the resistance level or if falling down towards trend line for entry.
Technical Indicators:
Moving Averages Bullish
Technical Indicators Bullish
Moving Averages Crossovers Bullish
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SUNPHARMA - ShortSUNPHARMA - Short
Note: Please do your analysis and take the trade based on your analysis.
SUNPHARMA - Long / Short Based on trend and past support/resistance levels
Sunpharma - above 473 - we can go for long with expected levels of 477/484/490
Incase if trend reverse, short below 462 -- with expected levels of 458/453/445/440
SUNPHARMA - DEEP CRABSUNPHARMA - DEEP CRAB pattern formation on the intraday chart confirming the resistance found on the weekly chart.
SUNPHARMA - AT RESISTANCEStock showed a good rally with good volume, currently resisting at falling gap resistance + Fib .50 , and the resistance is backed by the RSI, hence seems like stock is in a make or break situation.
Current structure of the stock suggests it will go for a dip til 380 levels.
I am gonna use the lower time frame to time the trade.
Risk reward ratio also looks favorable.
Stop loss 510
Target 380
Don't follow blindly, do your research please.
