SUNPHARMA - Sun Pharmaceutical Industries Ltd.
SUNPHARMA
After Q4 Results we saw a good sell-off in Sunpharma, yet the price hardly moved much
Shanghvi stated "Our India business continues to grow faster than the market, leading to an increase in market share. We continue to focus on expanding our global specialty business, growing all our businesses, and improving operational efficiencies," stated.
The company said its board has proposed a final dividend of Rs 3 per share for FY22.
One can plan a long position between 835 to 840 with a strict SL of Rs 825 for short term trading (01 to 02 weeks) and SL if the price moves below 825 (Daily candle close) for long term swing trading (greater than 2 weeks)
Short Term targets are up to - 886
Long Term Target is up to - 929
Risk Reward for this trade is very good
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Do Support by Liking and Commenting on our Post as it motivates us to post more such ideas
The chart is for study purposes only!!
Kindly consult your Financial Advisor before investing any money
SUNPHARMA
After Q4 Results we saw a good sell-off in Sunpharma, yet the price hardly moved much
Shanghvi stated "Our India business continues to grow faster than the market, leading to an increase in market share. We continue to focus on expanding our global specialty business, growing all our businesses, and improving operational efficiencies," stated.
The company said its board has proposed a final dividend of Rs 3 per share for FY22.
One can plan a long position between 835 to 840 with a strict SL of Rs 825 for short term trading (01 to 02 weeks) and SL if the price moves below 825 (Daily candle close) for long term swing trading (greater than 2 weeks)
Short Term targets are up to - 886
Long Term Target is up to - 929
Risk Reward for this trade is very good
#Learn&earn #Wealth #Editor's Choice #trending #Weathmagnet candlestick analysis, candlestick stock pattern
Do Support by Liking and Commenting on our Post as it motivates us to post more such ideas
The chart is for study purposes only!!
Kindly consult your Financial Advisor before investing any money
Trade active:
Buy for long-term triggered at Rs 835 and now I have an Average of 832
Trade active:
Short swing trade SL Hit
Comment:
But I am into long-term Swing, my Stop loss is candle closing below 125 today
Comment:
My Trade is still active as the Daily candle did not close below 125
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Trade active:
An update for people following this trade, The trade is still active as the closing for June 14 was 825.05
Trade closed: stop reached:
SL Hit