SunPharmaSUNPHARMA broke above descending triangle pattern on 30 min TF with good volumes.
Could be bought with mentioned stoploss & target.
SUNPHARMA trade ideas
sunpharma making flag pattern trade on breakoutsideNSE:SUNPHARMA
also atriangle pattern breakout buy side buy above resistance
SUNPHARMA SHORT TRADE 1 HOURHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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SUNPHARMA
1 hour : It has taken the liquidity from major high.
*Wait for the opportunity in lower timeframe (5 min) and we could see a downside movement.
THANK YOU !!!!
SUN PHARMAHey guys this is day chart of Sun Pharma and this stock is trading at resistance zone 1060...and support zone is 975
Sun Pharma Looking WeakOn A Daily Time Frame it has make a perfect head and shoulder pattern . so i expecting a more downside .
SUNPHARMA BREAK IT'S TRIANGLE PATTERN SUNPHARMA BREAK ITS TRIANGLE PATTERN but not with good volume so I prefer that let it first do retest
thanks for this support
SUNPHARMA : Downside push expected SUNPHARMA : Downside push expected.
On a daily time frame market has formed a Double Top pattern. After the breakout of the neckline, It is expected, market may push towards downside.
In upcoming trading sessions, a downside movement is expected to the levels of 945.
Resistance of 1035 still holds the market strong on higher side.
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”.
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Sun Pharma Fut Hourly ShortSunpharma Fut Hourly time frame Double top Breakdown and Retest strategy.
Symmetrical Triangle Breakout and RetestSunpharma has broken the triangle pattern, and retest done. as long as not closing above marked supply level expected to reach the given sell target
Lets' see
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.
Sun PharmaHello and welcome to this analysis
On daily time frame it has activated a Bearish Harmonic Deep Crab
The stock could see a pullback till 1025-975 as long as it is below 1080
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 Multi year breakout @ 1150From year 2015 stock is in downward mode.
From 2019 showing upwaord movement.
Now Major Hurdle @ 1150 once break will good upside.
Clould possibility could not break the level wait and watch
Sunpharma give us bullish single..Sunpharma can breakout its major resistance with the support of "W" PATTERN breakout which make it more bullish.
Buy Sunpharma at 940-970
Target 1005 1068 1112 1202
Sl 924
Sunpharma ready to go light speed ⚡The momentum is building for soo long now i think its time ... Try to 📸 it 🧠💡.
SunPharmaSunpharma broke out of triangle pattern on smaller TF, also trading above its VWAP & ATP.
Could be bought with mentioned stoploss & targets
SUNPHARMA, INVERSE HEAD AND SHOULDERS stock could reach its previous resistance(1020). currently for short term, going long.
