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Sunpharmatrend

SUN PHARMA - All Targets Dusted!Market Overview Sun Pharmaceutical, India's largest drugmaker, is positioning itself in the lucrative anti-obesity and type 2 diabetes drug market. The company aims to launch its experimental drug within four to five years, capitalizing on the projected $150 billion global market by 2030. This long-term growth potential aligns with the recent bullish momentum in Sun Pharma’s stock price. Technical Analysis (15-Min Chart) All targets have been successfully hit, confirming a strong long trade setup. Entry Level: ₹1593.05 Stop-Loss (SL): ₹1587.55 (remained protected) Take Profit Levels (TPs): TP1 (₹1599.85) ✅ Achieved TP2 (₹1610.85) ✅ Achieved TP3 (₹1621.85) ✅ Achieved TP4 (₹1628.65) ✅ Final target reached Key Technical Indicators: RIsological Indicator: Bullish confirmation on the Risological indicator. Strong Trendline Support: The stock maintained higher lows, sustaining an uptrend. Volume Surge: Increased buying pressure fueled the move toward TP4. Trade Performance & Future Outlook Successful Execution: The trade played out perfectly, hitting all projected targets. Profit Booking Recommended: As all TPs are done, traders should consider locking in gains. Watch for Re-Entry: A pullback to ₹1610–₹1599 levels may offer a fresh buying opportunity. Sun Pharma's strong uptrend, backed by fundamental growth drivers, made this trade a high-conviction long setup. With the obesity drug pipeline in focus, the stock may continue to attract investor interest. Traders should wait for retracements before initiating new positions.
NSE:SUNPHARMALong
by ProfitsNinja
Sun Pharma - Long Setup (Swing Trade)Sun Pharma has confirmed a breakout above the entry zone, presenting a swing trade opportunity. Here’s the trade setup: Entry Price: 1836.95 (Confirmed after the 15-minute candle broke above the entry zone at 1833) Target: 1978.8 Stop Loss: 1760.10 (Triggered if a daily candle closes below this level) With the entry price confirmed at 1836.95 , this setup offers a favorable risk-to-reward ratio. The target is set at 1978.8 , with a well-defined stop loss at 1760.10 to manage risk. Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
NSE:SUNPHARMALong
by gupshupblog
2
Solid looking Sun PharmaSun Pharmaceuticals Industries Ltd. is the 4th largest generic pharmaceutical company in the world. The company offers specialty medication, generic medication, over-the-counter (OTC) medication, active pharmaceutical ingredients (APIs) & anti retro viral medication. The company has the presence in more than 100 countries supported by 40 manufacturing facilities in Asia, America & Africa. Sun Pharmaceuticals Industries CMP is 969.90. Negative aspect of the company is high valuation (P.E. = 27.5). Positive aspects of the company are Sun Pharma is a no debt company with improving annual net profits, improving cash from operations annual, promoter unpledged stake, FIIs are increasing stake, MFs are increasing stake. Entry after closing above 974. Targets in the stock will be 1001, 1027 & 1054. Long term target in the stock will be 1073 & 1134. Stop loss in the stock should be maintained at closing below 850.
NSE:SUNPHARMALong
by Happy_Candles_Investment
SUNPHARMA--Bullish from Demand zone??---->>clearly trending downwards from 1020 level. ------>> Now price is near to key level of support ,previous resistance acts as a support and price moved to upwards again. now broken the support means wants to test the demand zone created @900-910 levels. -------->> we have clear demand zone placed at 900-910 level, if price breaks support it will test the demand zone. if breaks the demand zone will move towards 860 which is a clear support ,look here for buy when change its direction from bearish to bullish. Keep track this levels. Use alerts @ every place, we cannot track each and every stock daily, if you use alert system provided by trading view, which will alert you when the stock is near its demand or supply zone. Use alert few points above demand or supply, you will aware when its coming towards your levels.
NSE:SUNPHARMA
by IIT-Trader
SUNPHARMA-- At Key level??---->>clearly trending downwards from 1020 level. ------>> Now price is key level of support ,previous resistance acts as a support and price moved to upwards again. -------->> now price is again at the same level, now we have to see it will continue in the same direction of downtrend or it will change its direction from bearish to bullish. keep look at this level. -------->> we have clear demand zone placed at 900-910 level, if price breaks this key level it will test the demand zone.
NSE:SUNPHARMA
by IIT-Trader
SUNPHARMA | Might continue downtrend.If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
NSE:SUNPHARMAShort
by maxprofprofile