SUNPHARMA trade ideas
SUNPHARMA - Rising Wedge/Bear Flag - Intraday/Short TermThis analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't run after the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
Sunpharma - Bullish & BearishSunpharma CMP - 510.15
Looking bearish in shorter time frame. One can go for Intraday trade setup with the following entry, exit & targets
Buy at or Above 512 / Stop Loss 505
Target 1 - 517
Target 2 - 523
Target 3 – 528
Sell at or Below 506 / Stop Loss 512
Target 1 - 501
Target 2 - 496
Target 3 – 490 / 485
Disclaimer: This is my view and for educational purpose only.
PINBAR FORMATION: BEARISH REVERSAL EXPECTED [INTRADAY]Expecting SUNPHARMA reversal. SELL can be placed below the line.
SL at day HIGH.
Trade can be closed at market close.
Sun Pharma - Up by Elevetor Falls by the StairsSun Pharma defies the famous saying - It falls slowly but Rises Zapak...!.
Disc: Not a SEBI Registered. I post charts for my own study.
Sunpharma long for 2nd novForming higher high and lows..best entry for 2nd November will be to buy around R1 which is also around 50 percent fib level for tgt R2/R3
Trande Reversal i. SUNPHARMAThere is a trend reversal in SunPharma ltd.
The down trend has subsided and there is a beginning of an up trend. Good opportunity to catch the trend. Go long on the stock.
SunPharma - Ascending TriangleSunPharma looks to be forming an ascending triangle on a daily chart with a breakout above 526 and SL below 510 on clbs. Looks good.
SUNPHARMAKEEP AN EYE ON THE BOX, IT HAS BEEN CAGED IN THESE LEVELS FOR A MONTH......
IF IT OPENS UP FROM HERE THEN CAN SHOW 538-540 AND BEYOND THAT 551
IF IT DOESN'T IN BREAK OUT, THEN MAY SHOW 511 AGAIN
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Bearish Harmonics in SUNPHARMAWe have seen a good bull run the stock, though we can short around 549 to 551 with SL of 565.1
#AG
Sunpharma - Long - broke its ascending triangle Sunphrama beautifully broke its ascending triangle structure
sun pharma sell side sell sun pharma if you may get bounce on monday stop loss 495 and first target 483 second 473 third 466
