SUN PHARMA ADV-SWING TRADESUN PHARMA ADV-
Nice Head & Shoulder Breakout and Retest.
Stock gave a good Volume spike while breakout.
Retest volume is less than 20MA.
Best buy @ 260
SL @ 240
Target @ 350
SPARC trade ideas
SPARC BREAKOUT !!Round Bottom Breakout done.
Good for Short term and Long term.
Target 480 , 600, 750.
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Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
After Retesting the breakout zone again raising for new highs340-345 is the breakout zone, after retesting and raising. We can consider for entry above 360 for a target 422.
#SPARC is getting ready for a sparkling move #superchartzKey Levels:
Support: 360 to 350
Resistance: 389, 399, 421
Key Drivers:
Sun Pharma Advanced Research Company Ltd focuses on R&D of pharmaceutical products, earning revenue from license fees, royalties, and R&D services. In FY23, it obtained USFDA approval for Sezaby and filed for NDA of PDP-716 in collaboration with Visiox Pharma. The company primarily targets oncology & neurodegeneration, with 8 pipeline assets in various stages. It has shifted focus from New Drug Delivery Systems to New Chemical Entities, investing heavily in R&D. SPARC is part of the SunPharma Group, with significant corporate backing. It faced an IT security incident in March 2023, though business operations were not directly impacted. The company plans Phase 1 studies for SCD-153 and SBO-154 in FY24 and FY25, respectively, aiming for continued growth through collaborations and new preclinical programs.
SPARC Buy Setup"Super valid-looking! Leave a comment if you like my entry setup. This share is for educational learning purposes only, and I am not responsible for your profit or loss. Note: For more details, check the chart."
Double bottom formationDouble bottom formation
FLag and pole breakout
MACD turning bullish
Target 450,480
SL 340
Sun Pharma Advanced Research Company Ltd*Sun Pharma Advanced Research Company Ltd*
P&F; Formation on Monthly Basis.
Price BreakOut Needed. To be Watched.
Resistance @ 390.
Vol. BuiltUp Getting Stronger.
RSI: 1H>DM. All in Bullish Zone.
EMAs: Widening Gaps amongst 20 /50 /100 /200.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*_,Do Your Own Research as well. This is an Opinion._*
Happy Investing 😇
Perfect on-neck pattern breakout on daily chartA Bullish Breakout of On Neck pattern and a Rounding Bottom is visible on the Daily chart of NSE:SPARC
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
Inverted Head & Shoulder breakoutThe stock has broken a 1.5 yr inverted H&S with 3x weekly volumes. Buy at 273 for a target of 336 in short term. Use a 1:2 risk reward.
SPARC Sun Pharma Advance Research Co Ltd
NSE:SPARC Sun Pharma Advance Research Co Ltd can take support from 232 or break 270.
We can buy near 232 and can see long term move above 270 with SL of 210 .
Major targets levels are highlighted in blue lines.
SparcPossible breakout on daily charts. Rising volumes for last 3 days. A possible upper circuit coming.!
💥SPARC💥-Nice Breakout💥SPARC💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-306
Breakout Price-306
Stoploss-242
Targets-427-514-634
RT for max reach
#SPARC #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
SPARC Long Inverse H & S in Weekly TimeframeSPARC Long Inverse H & S in Weekly Timeframe
The Trend channel changed from bearish to bullish in Daily
Can go long above 270 with good volume and candle close
Target - TP1 and TP2 mentioned in the chart.
SPARCStock name = Sun Pharma Adv.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
SPARC - Stock AnalysisSymbol: SPARC
Close: 273.05
Today's Volume: 10961383
Sector: Healthcare
Go Long above: 278.85
Stop Loss: 223.6
Resistance & Support:
📉 R: 282 || 291 || 303
📈 S: 261 || 249 || 240
SPARCThese are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This content only education purpose!
❗I am not sebi ragister❗
SPARCSPARC
Looks really good technically as the fundamentals seem to be improving as the losses are narrowing.( Not sure what's happening in the background)
An important Gann level breakout and forming an inverse h&S ok the higher time frames.
Weekly golden crossover in making as well.
Keep this in your watchlist and trade/invest based on the levels marked
Chances gaining the previous life time high. Broken Resistance once and currently at another resistance level.
Needs to cross dark red line. If crossed....It's gonna be fireworks.
SPARC big move awaitedSmall hurdle @224 after that next target 240/258/280. Hasnt moved much & with parent company approaching new ATH this can follow quickly.
HAPPY INVESTING!!
Strength Gaining Stock! #SPARCStrength Gaining Stock!
Sun Pharma Advanced Research Company Ltd #SPARC
1- Bullish Reversal
2- High Weekly Volume
3- Positive MACD Diversion
Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.
SPARC - MACD CROSSOVER 📊 Script: SPARC (SUN PHARMA ADVANCED RESEARCH COMPANY LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY PHARMA
📊 Sector: Healthcare
📊 Industry: Pharmaceuticals & Biotechnology
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving Breakout.
📈 MACD is giving crossover.
📈 Crossover in Double Moving Averages.
📈 Right now RSI is around 73.
⏱️ C.M.P 📑💰- 241
🟢 Target 🎯🏆 - 280
⚠️ Stoploss ☠️🚫 - 226
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
