MA crossover with DMI crossover supports the price movement for the day. Can consider going long from here with a stop loss below 508.
buy call has been generated by expert advisior , one can buy above 505, keep sl of 490 , 1st target can be 526 ,2nd target can be 539... hey do it on your own risk..
If Sunpharma closes above 600 and trendline resistance on weekly charts Long sunpharma : Target 732 Stop Loss : 560
SunPharma has formed Bullish Reversal Pattern. However it is yet to give Entry. Whenever you get Weekly close above dotted line and This Breakout Candle High is taken out go long immediately TP mentioned on charts. Stop Closed based KS.
Sunpharma is at very good buying zone for Med term perspective can accumulate at 517.5 to 527 and add more if dips to 490-500 zone. De-Risk the trade around 545 for piece of mind. Immediate Target of 584, followed by 640 and 700. After a good run, this is a healthy correction and price taking support at previous resistance. Appreciate comments and Feedbacks
$SUNPHARMA capitulation done.. may b bit of sideways drag before corrective rally to fill gaps around 560 and 640. Perhaps also if Markets sell off Pharma safe heaven longs will make sense. Risky longs around 500
Sunpharma may retest 700 zone from current level. I have entered the trade with 700 CE today with 1 Rs closing basis stop loss / Close below 620 Trading beyond the PRZ of Bullish Gartley.
The Break of 760 Could lead to 775 - 780 Levels 1. The company has decided to buy back a bunch of shares @ Rs.900 per share.
We always have kept a soft corner for Pharma sector in India. To outperform broader market indices with quality portfolio, one must have banks and Pharmaceutical companies in it. The word 'Quality' is very important here. We are not talking about loading up the portfolio with junk companies which can go 5 to 500 in a week and come crashing back the next day. ...
Even though SunPharma has been falling like a bag of rocks in the past many days, technically , it does look like it could recover and cross 900. But this will not happen in a day or two, 3-4 weeks
Does it look like Andre'w pitchfork ? If it is, then it has huge upside.