R:R ratio is good we can enter sunpharma. It is giving breakout at all time high. so there are no sellers. momentum investor could invest in it.
Sun Pharmaceuticals Industries Ltd. is the 4th largest generic pharmaceutical company in the world. The company offers specialty medication, generic medication, over-the-counter (OTC) medication, active pharmaceutical ingredients (APIs) & anti retro viral medication. The company has the presence in more than 100 countries supported by 40 manufacturing facilities...
---->>clearly trending downwards from 1020 level. ------>> Now price is near to key level of support ,previous resistance acts as a support and price moved to upwards again. now broken the support means wants to test the demand zone created @900-910 levels. -------->> we have clear demand zone placed at 900-910 level, if price breaks support it will...
SUNPHARMA Observations: -----> Bears Exhaustion gap at support is observed. ------> Bulls taken the control again. ------->Trendline broken, retest is needed to be bullish again. -------->Expected to be bullish again. If breaks 955-940 zone below will go for selling. Further price action is to be observe before short.
The idea here is about Sun Pharmaceutical Industries Ltd: Sun Pharmaceutical Inds. Ltd is an international specialty pharma company.The company also makes active pharmaceutical ingredients. In branded markets, their products are prescribed in chronic therapy areas like cardiology, psychiatry, neurology, gastroenterology, diabetology and respiratory.The company...
I am expecting a pullback on NSE:SUNPHARMA from current levels. It will be best to take entry at level of 1004 with strict stop loss of 982. My targets will be 1018, 1028 & 1035. Note: This is my personal analysis, only for learning. Thanks.
Sunpharma can breakout its major resistance with the support of "W" PATTERN breakout which make it more bullish. Buy Sunpharma at 940-970 Target 1005 1068 1112 1202 Sl 924
Sunpharma broke out of triangle pattern on smaller TF, also trading above its VWAP & ATP. Could be bought with mentioned stoploss & targets
stock could reach its previous resistance(1020). currently for short term, going long.
*SUN PHARMACEUTICAL* Time Frame: Daily Observation: * Inverse Head and Shoulder Formation. * Lifetime High Breakout Resistance/Target: 995 1055 1115 1155 Support: 864 821 791
SUNPHARMA buy above 927 TGT 939 TGT - 2 950 SL 915
Sunpharma view for tomorrow Seeing ascending channel in sunpharma Breakout will lead to more upside in coming days
Sun Pharma has crossed 855. Now the nest target will be 927. It is a long term Portfolio stock and can be bought at CMP, Can be bought in SIP, Can be compounded. (For Educational purpose only).
Buy Sunpharma Target 🎯 900 because it's recently given major breakout .
SUN TO rise It may retest and OVER 802 its fully bullish as breaking out from GTriangle and trandline zone
This is how a setup should look like, not saying it's perfect not saying I know it all, but that's what's it about you don't actually know know you always speculate and the thing is you will never know what's next in the market you just need to have view of both sides and make your setup for what looks better to you.
SUNPAHARMA Buy if market holds and sustain at that breakout level. BUY Above: 815 SL: 770 TGT 849