SUNPHARMA trade ideas
Broken wedge patternStock Analysis: Sunpharma has broken the wedge pattern conservative entry on the immediate demand level (marked green) for the target given on the chart with next below demand level as SL. Let's see...
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SUNPHARMA LONG INTRADAY 10 MAY, 2021Dear trader,
If u look at the chart of SUNPHARMA (analysis based intraday only) the SUNPHARMA Buy at 696 and Target at 706
Best Buy at 692.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
SUNPHARMA Multi year breakout#sunpharma
Covid cases increasing and breakout in pharma is a good option to enter.
SUNPHARMA IS BUMPER STOCKSUNPHARMA EXPECTED TO BE A MULTIBAGGAR STOCK IN NEXT 5-7 YEARS.....SUNPHARMA AND LUPIN HAVE COMPLETED THIER MONTHLY TIME FRAME CORRECTION WHICH WAS GOING FROM 2015-2016...
TARGET FOR SUNPHARMA IS 4500 AND LUPIN 8000RS IN NEXT 5-7 YEARS
LONG OPPORTUNITYsunpharma weekly timeframe looks highly bullish
with 25 points sl and 75-95 points target we have good rr
SUNPHARMA - Bullish H&S - Weekly - Swing TradeThe above analysis is done purely based on Price action and Popular chart analysis.
The analysis is done on weekly time frame and hence it may take price a couple of weeks to few months to reach the target.
Analysis and trade setup has been shared in the image itself.
Don't run after the price, and always trade based on your study.
Maintain proper risk management.
Also check out my other ideas to know how even a beginner can earn money from stock market with help of simple price action.
Feel free to comment or message me regarding this analysis or to know more about chart study and learning price action.
SUNPHARMA - CUP & HANDLE PATTERNSUNPHARMA is making cup and handle time frame on weekly time frame. if close above the trend line and give breakout, can take a position for a swing trades.
SUN PHARMA WEEKLY CHART SUN PHARMA BIG HURDLE IN 655-665 IF CLOSED ABOVE THEN 710-720 .LONG TERM TGT 870-880
SUNPHARMA WAITING TO CROSS 649+++ ONCE IT DOES!!!!!LONG SUNPHARMA ABOVE 649++ IF IT SUSTAINS....
TO THE MOON
HAHAHAHAHHAHA
LETS GO!!!!!!!!!!!!!!
SUNPHARMA long term speculationWith a multi-year breakout and current pharma sector conditions, I believe it's going to outperform the sector.
Disclaimer: for education purposes only not recommended for trade.
can use both weekly and daily timeframe for getting the big picture.
Check the notes points for further clarity
#sunpharma
SUN PHARMA BULLISH CYPHER PATTERNSun pharma created a bullish cypher pattern and its on the way to 670!
SUNPHARMA - Sun Pharmaceuticals Industries Limited Levels -
Buy - Any dip the CMP or it breaks above 628
T1 - 645
T2 - 700
SL - 610
The undertone of the Pharma sector is bullish amid the second wave of COVID-19 hitting India. Sun Pharmaceuticals has the largest market capitalization and is currently trading at half the price of its all-time high which was close to 1200. The stock has seen a major correction from 1200 levels since FY-15 and now might have resumed a pullback.
Current scenario -
The stock has started trading above all its important exponential moving averages in 5-6 sessions. However the stock has a strong supply zone at the levels of 625-628, so once the stock breaks this level, an upside move up to the levels of 650 followed by 700 looks achievable. A key thing to note here that the stock is trading above all its moving averages and have
NOTE: These findings and levels are purely based upon the knowledge and understanding of the post publisher. The idea here is to predict the future price movements hence, please do not consider this as stock advice or recommendation.
SUN PHARMACEUTICAL BREAKOUTIn Pharma sector Most close to breakout is Sun Pharma .
After a long consolidation now ready for breakout the level is 658.0
SUNPHARMA DAILYConfluence of MULTIPLE HIGHER TF Bearish Sharks + BAT STRONG POTENTIAL REVERSAL ZONES
Vertical Dotted line is Ultra high volume up bar trap of Smart Money , Higher volume- Professionals are selling into the public buying
Within 3-5 price bars need the confirmation from a BEARISH CANDLE
SET UP BECOMES VALID ONLY when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW & with LOW VOLUMES & with NO DEMAND l.e place for short
POTENTIAL SELL
Sunpharma Intraday levels 08th MarchThings to be Kept in mind :
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>> Take this trade only if Nifty is red in its pre-opening session
>> Take this trade only if Sunpharma opens equal to or lesser than previous day close.
>> Maintain strict stoploss as per risk appetite.
>>Trade under professional supervision.
