SUNPHARMA trade ideas
SUN PHARMA | H&S formationThere's a head and shoulders formation on the intraday chart for SUN PHARMA.
Advise caution. Good short opportunity!
SUNPHARMA AnalysisPossible upside. TP1 is a definite target. TP2 if uptrend is strong with good volume.
-Kautilya.K
Double Bottom Chart Pattern - SUNPHARMAThe Double bottom looks like the letter "W". The twice-touched low is considered a support level.
The advance of the first bottom should be a drop of 10% to 20%, then the second bottom should form within 3% to 4% of the previous low, and volume on the ensuing advance should increase.
The double bottom pattern always follows a major or minor downtrend in a particular security, and signals the reversal and the beginning of a potential uptrend.
SUNPHARMA SHORTHeavy supply above 480 from last few days short.
Short if it breaks 453
Target 440,425
Stoploss : 480
Risk/Reward ::::: 1
SUNPHARMAStock Is in Support & Resistance,If It Go Above Go For Long Till Resistance If doesn't Go Short Till Support.
SUNPHARMA - DEEP CRABSUNPHARMA - DEEP CRAB pattern formation on the intraday chart confirming the resistance found on the weekly chart.
SUNPHARMA - AT RESISTANCEStock showed a good rally with good volume, currently resisting at falling gap resistance + Fib .50 , and the resistance is backed by the RSI, hence seems like stock is in a make or break situation.
Current structure of the stock suggests it will go for a dip til 380 levels.
I am gonna use the lower time frame to time the trade.
Risk reward ratio also looks favorable.
Stop loss 510
Target 380
Don't follow blindly, do your research please.
#Triangle pattern break out waiting @502 high resistance from monthly chart and good chances of desecnding traingle pattern break out at same time if it can continue friday movement. if it happens next level are 532, 571.
Sun PharmaSun Pharma trading @ 485. Breakout above this level with decent volume can give a decent move for a short term target of 530 and possibility of 2nd target 600+
Sun Pharma Reversal Or Pullback ?Hi Folks,
Just Sharing some thoughts on Sun Pharma hope you people like it .
For any queries please put your comment in the box
Thank.
