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(SPARC) Sun Pharma complete technical analysis [charts+indicators] | Buy/Sell Sun Pharma | (SPARC) share price targets

Complete technical analysis of Sun Pharma (SPARC) by charts plus indicators, forecast predictions and share price targets for Sun Pharma (SPARC)

Sun Pharma trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2023-12-22 View latest technical analysis

10 day averaged volume of Sun Pharma is 814418

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	261.40	257.90	263.70	253.45	0.688 times
21 Thu Dec 2023	256.95	244.85	259.50	240.60	0.977 times
20 Wed Dec 2023	247.25	265.70	266.50	242.35	1.145 times
19 Tue Dec 2023	264.40	269.35	269.50	263.85	0.615 times
18 Mon Dec 2023	267.70	268.30	275.00	266.70	1.689 times
15 Fri Dec 2023	267.85	268.00	270.85	266.60	0.901 times
14 Thu Dec 2023	265.80	270.00	270.00	265.00	0.629 times
13 Wed Dec 2023	268.50	268.00	272.45	264.40	1.08 times
12 Tue Dec 2023	266.60	273.20	275.40	265.00	1.194 times
11 Mon Dec 2023	273.20	281.85	281.85	272.00	0.917 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 262, but if it comes above 262, then a intra day buy could be more profitable.
If you take a sell trade below 262, then use 262 as stoploss and 251.4 as target. However if you take a buy trade in stock , then use 262 as stoploss and 270.78 as target.

Share price targets for Sun Pharma (SPARC)

Target Type	Value
Downside Target	213.55
Downside Target	222.00
Downside Target	227.80
Downside Target	240.60
Downside Target	259.65
Upside Target	270.00
Upside Target	275.00
Upside Target	278.85
Upside Target	281.85
Upside Target	286.70
Upside Target	289.05

Intraday share price targets for Sun Pharma (SPARC)

Target Type	Value
Downside Intraday Target	243
Downside Intraday Target	224.6
Upside Intraday Target	277.4
Upside Intraday Target	293.4
Downside Intraday Target	259

Weekly technical analysis of Sun Pharma (SPARC)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	261.40	268.30	275.00	240.60	1.083 times
15 Fri Dec 2023	267.85	281.85	281.85	264.40	0.678 times
08 Fri Dec 2023	280.40	275.00	289.05	270.05	0.653 times
01 Fri Dec 2023	272.50	276.50	286.70	270.00	0.595 times
24 Fri Nov 2023	273.05	248.45	278.85	244.40	2.972 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Sun Pharma (SPARC)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Dec 2023	261.40	277.00	289.05	240.60	0.327 times
30 Thu Nov 2023	274.85	228.80	286.70	227.80	2.715 times
31 Tue Oct 2023	228.50	232.35	246.50	213.55	1.072 times
29 Fri Sep 2023	233.10	258.00	264.60	222.00	0.427 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sun Pharma (SPARC)

Price action analysis of Sun Pharma ( (SPARC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sun Pharma ( (SPARC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sun Pharma ( (SPARC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sun Pharma stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sun Pharma in short term but the sell signal is initial and weak.

Sun Pharma Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sun Pharma in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Sun Pharma is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 263.97 and Sun Pharma (SPARC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sun Pharma (SPARC) stock. Volume based technical analysis of Sun Pharma (SPARC) stock is negative.

Sun Pharma Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.