SUNPHARMA trade ideas
Sunpharma 10 July 2020Sunpharma 10 July 2020
Sunpharma buy @ 490
We have given this signal with the trend on daily charts comparing the 1he candle chart trends since 1 month. Clearly a winner deal.
Book profits at good levels clients.
Sunpharma levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly charts and technical analysis . Our analysis is based on levels , algorithms which we created , beyondtechnical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis .
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
Contact me for more analysis and recommendations.
sun pharmafibonacci retracement and time chart are showing once it crosses 495 ie 50% retracement it will target 538 that is 61.8% retracement
SUNPHARMA Bullish on 2H chartNSE:SUNPHARMA
Sunpharma on 2H chart looks bullish above 484 for swing trade.
Possible targets for this trade will be 490,495 and 503
I prefer to keep my stop loss near 471.
Both my entry and exit will be as per 2H candle closing basis.
2.5R Trade- RSI creating regulr divergence by not creating Lower Low with price
- Break of Down Trending Channel.
- Trade the pit for a good RR if it gets filled
Watchout for the breakoutSunpharma will be rocking today as we can expect a breakout. The entry idea and the stop loss and everyday intraday trading ideas are given on our telegrammm channeell UG MARKET. Do your own research before taking a trade.
SUNPHARMASun oharma is nearing the trend cycle change by tomorrow we could know the breakdown or breakout direction
Views invited
Thanks NSE:SUNPHARMA
SUNPHARMANSE:SUNPHARMA
WAITING FOR BREAKOUT ON EIGHET SIDE WILL UPDATE AFTER BREAKOUT
EXPECTED BREAKOUT ON 19 JUN ACCORDING TO GANN TIMMING
Sun Pharma is in consolodiation modeIf it breaks 515 level and closed on monthly basis the we can have move which can take it to 590,640,690 and 18 months target is 900++
SUNPHARMA POSSIBLE MOVE AHEADIt is expected to retrace to 490 level before falling to 425
Entry 490
Targets
440
425
SUN PHARMAWHICH SIDE WILL THE TREND LINE BREAK INTERESTING TO SEE , WILL THE SUNRISE OR SUN WILL SET ?
VIEWS AND SUGGESTIONS INVITED
THANKS
Short SunpharmaShort Sunpharma on basis of Double top with RSI Negative Divergence
Stop and Targets are as mentioned in charts.
SUN PHARMAStock is on verge of longterm breakout towards upside .
can start long term uptrend from here .
