SUNPHARMA trade ideas
Extremely Bullish pattern in Sunpharma Formed the inverted head and shoulder pattern (which is rare), and it will definitely boom tomorrow.
SunPharma | Fib levels | Trend LineSunpharma is respecting its Trend Line and also Followoing the Fib Levels.
Pharma Sector Also goes from Lagigng sector to Improving Sector.
We can see a Good Momentum in the coming days.
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Sun pharma taken support for next long moveSun pharma taken support for next long move, 200 ema support done RSI is strong taken support on 40 daily TF, dragon fly doji at 200EMA and previous swinglow candle (daily time frame)
Sun Pharma: 75 mins Wave Counts It looks Wave 4 correction is over and we may see momentum above 687.
Sunpharma wave analysissunpharma is at crucial zone.it looks like it still not completed the correction which started in 2015.now there are two possibilities,lets see what happens in future
SUNPHARMA = DOUBLE BOTTOM + RETESTSUNPHARMA had a breakout recently and is now retesting the trendline.
It has also formed a double bottom while the RSI has formed higher lows.
Price action reveals that there is some upside potential left in this stock.
Falling Broadening Wedge Pattern In SUNPHARMAStock Name: SUNPHARMA
Pattern Name: Falling Broadening Wedge Pattern
Current Price: 679.60
Projected Pattern Target: 690+
INTRADAY & POSITIOAL STOCK FUTURE CALL BUY SUNPHARMA FUT @ 673 INTRADAY & POSITIOAL STOCK FUTURE CALL
BUY SUNPHARMA FUT @ 673 - 678
STOP LOSS - 660CLBS
TARGET - 700 715 730 ++
SUNPHARMA GO LONG SUNPHARMA MADE CUP HANDLE PATTERN ON 15 MIN CHART
GO LONG ABOVE BREAKOUT OF CUP & HANDLE FOR THE TARGET OF 682 , 688
SUNPHARMA FUTURE LOOKOUTSunpharma today for the 10th consecutive session has failed to sustain above 700. With a completion of the 5th wave at .618 of the fibo and multiple failed attempts Sunpharma is ready for a short.
My view short for risky traders @cmp with a Sl of 720 and targets of either the support zone marked (trend and horizontal line) or you're appetite.
Safe traders can short below 685 with SL 705-720 and same target zones.
buy sun pharma buy sunpharma abv 690 trgt 700-720-730-740
stop loss 670.
Disclaimer: The above is shared just for educational purpose and is my personal view.
By no means shall I be accountable for any debits/losses amounting out of it.
I am not a SEBI registered Analyst, so please consult your Investment Advisor and take rational decisions
Sun Pharma - Bullish for positional tradeSUn pharma is an excellent buy at 690 as it has broken the main resistance and tested it as support. Good to hold until its target price with reward close to 50%
Broken Supply zone and retest tone on Monthly BasisSunpharma retest done on demand zone expecting target around 650
lets see...
