SUNPHARMA - ENDING DIAGONAL - ELLIOT WAVESunpharma is in crucial zone. It has formed ending diagonal. We are able to see a 5th wave throw-over. It can take anytime reversal from now.
Retracement (end of correction) will happen between 634 - 693
SUNPHARMA trade ideas
Sunpharma wave analysissunpharma is in wave 2 running correction of big degree wave 5,expecting a big upmove after the completion of this correction.Disclaimer:this is my view,if price patterns change i will also change my view
SUNPHARMA buy for intraday tradingSUNPHARMA buy for intraday trading if Stock and pharma sector also bullish then we will enter in trade.......
Sun pharma - RR poor on longsSun pharma - risk reward is poor on longs
Stock is stretched and getting resisted by highlighted trendline
Would exit longs here
Sun Pharma Best #BottomFishing ZonesBest Buy Zone: 620 - 732
Good Buy Zone: 732 - 804
Add on bounce, not while it is falling.
Long Term Portfolio Stock.
Tracking Quantity can be taken at CMP. (Tracking Quantity : Suppose you want to Invest Rs.X in a particular stock. The amount between Rs.X/5 or Rs.X/10 would be tracking quantity) (‘Tracking Quantity’ of a stock in your portfolio will help you keep a track of the stock if it is coming in the indicated buying zones.)(Sometimes Out of sight goes out of mind so buying tracking quantity of stocks that you want to add in future helps.)
Sun Pharma chart analysis Sun Pharma a great company and a great stock and ofcourse a great chart because of the Russia ukraine war sun Pharma fell towards its money making support line which is going to push this stock upwards and this support line is been followed from 2020 corona crash so I suggest strong buying position for sun Pharma
SunPharma Technical AnalysisSun Pharma Stand On Good Support Zone This Lavels Help U In Intraday Trades
SUNPHARMA Buy for intraday tradingSUNPHARMA Buy for intraday trading if stock and PHARMA sector also strong.......
SUNPHARMA | Might continue downtrend.If you find this technical analysis useful, please like & share our ideas with the community.
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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.
SUNPHARMA AnalysisBearish RSI Divergence
Support Zone: 874-879
Downside Target: 840-847
Resistance Zone: 895-900
Above this zone, SUNPHARMA will be strong
Sunpharma range breakout Possible range breakout , add an alert on the resistance line , breakout volume bar will be an additional conformation to take a position.
SunPharmaSunpharma breaking out of descending trendline.
Could be bought with mentioned stoploss & targets.
Sunpharma pattern (1 day)Sun pharma making beautiful symmetrical triangle pattern
Could give a possible upside or downside movement on breakout
SUN PHARMAWeekly Arch Under Formation. Potential Up-move can lead to 900, 960, 1065,117, 1200. Arch completion at 1200. Post Arch Completion, long term could see 2100. Personal Study only.
Sun Pharma: Weekly Chart Sun Pharma: Weekly Arch Under Formation. Potential Up-move can lead to 900, 960, 1065,117, 1200. Arch completion at 1200. Post Arch Completion, long term could see 2100. Personal Study only.
SUNPHARMA SELLSUNPHARMA SELL for day trading if stock and PHARMA sector weak then we will enter in stock............
CUP AND HANDLE
William O'Neil's Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. There are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance.
CMP 859
Target 949
SunPharma Looks GoodCmp 859
trgt 2-5%
sl 818
Disclaimer:
All information shared is just for educational purposes.
By no means shall we be accountable for any debits/losses amounting out of it.
We are not SEBI registered Analysts, so please consult your Investment Advisor and take rational decisions.
Sun Pharma has a fresh breakout... Sun Pharma has crossed 855. Now the nest target will be 927. It is a long term Portfolio stock and can be bought at CMP, Can be bought in SIP, Can be compounded. (For Educational purpose only).
