SUNPHARMA trade ideas
Sun Pharma right now at trendline support... breakout of that..can take if down....Long level Marked....
Buy Sun Pharma for approx. 14% gain ( Target 600 )1.Sun Pharma broke above its 200 DMA and tested it back again on weekly chart.
2. It has broken out of two consolidations:
a. Long term consolidation from 2019
b. short term consolidation from April 2020
TARGET : 600
C.P : 525
STOP LOSS: 515
SUNPHARMA: Bullish seems to be resumedImmediate target would be 535 and then 555. Lets see if sustains above 555 then 600 is highly possible.
Experts opinion on this is welcomed. Trade at your own risk. Donate as part of appreciation. :) Thank You.
SUNPHARMANSE:SUNPHARMA
EXPECT CONSOLIDATION IN PHARMA SECTOR TO END , SUNPHARMA EXPECTED TO GIVE GOOD MOVE
BUY RIFGHT SIT TIGHT
BUY CANDIDATE AT PULLBACK
VIEWS INVITED
Very Bullish Lets see if it can go 700+..... many Hurdle in between.....lets follow price action and trail it
SUNPHARMANSE:SUNPHARMA
AFTER SBI & UPL, THIS IS THE SCRIPT WHICH BLUFFS A LOT
LAST LEVELS SHARED WERE OF 515, AND ONCE IT BROKE IT NEVER TURNED AROUND AND FROM THERE RALLIED TO 566
NOW AS SHOWN, IF IT HOLDS 550 ON CLOSING BASIS, EXPECT IT TO SCALE TO 568, 581 AND 590
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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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5) @BUY NOW S L - 520 , MY STRATEGY SIGNALSDAILY FINANCIAL WISDOM: True discretionary trading is not based on emotions nor spur of the moment decisions. It's based on experience and insight.
SUNPHARMANSE:SUNPHARMA
IT IS NOW UNFURLING ITS COLOR WHICH CAN BE SEEN IN DRAWING, 513 SEEMS A SUPPORT , SO IF ANY LONG MAINTAIN THIS AS STOP LOSS
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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.
***********************************************************************************************************************************************
SUN Pharma is preparing for new high. No need to panic its just taking retracement, it may dips around 519-516. After that we can see fresh 52 weeks high at price 561.
head& sholder pattern formed in sunpharma could be bearishhead& sholder pattern formed in sunpharma could be bearish
