SUNPHARMA trade ideas
Sunpharma Range bound from long timeInteresting chart of Sunpharma (weekly), it will be good opportunity to trade after the range breakout on either side.
SUNPHARMA - BUY AFTER MAY 2020 FOR A 200% RETURN IN A YEARSUNPHARMA - BUY AFTER MAY 2020 @ 293 FOR A 200% RETURN BY JUNE 2021. SL 124
Sun Pharma Daily ShortPrice is below 50 EMA and 200 EMA, RSI and MACD both pointing downward movement and price break the recent support Sun Pharma price likely to touch next support level around 410 which is Channel support + Horizontal Support
SUNPHARMA (Sun Pharmaceutical Industries Limited) SELL BELOW 425SUNPHARMA (Sun Pharmaceutical Industries Limited) SELL BELOW 425
SunpharmaIt has an interesting chart pattern on 15 minutes chart, it has given a break down below the neckline of evident double top pattern, now interesting thing is if a candle goes below the low of the candle that broke below the 2 ema lines and closes below it then its another indicator making a case for short and the first target on down side would be of 410 though it could slide further down quite a bit so aggresive traders can short at the open on monday and then ride it untill a candle close above the high of the candle that broke down the channel or closes above the blue EMA line whichever comes first. Its a high conviction short
Consolidation with rising volume indicates accumulation.Rising volume
in side ways market
indicates accumulation which may lead in sharp spurt anytime this quarter.
826. pullback short opportunity. BV Set upValid for first one hour, if there is no gap down
SL compulsory
