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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 2024-06-06 View latest technical analysis

10 day averaged volume of Sun Pharma is 694158

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	219.85	210.50	220.45	210.50	1.404 times
05 Wed Jun 2024	210.00	204.10	213.00	196.10	1.009 times
04 Tue Jun 2024	203.40	207.00	209.00	201.15	1.412 times
03 Mon Jun 2024	211.70	216.00	216.00	207.30	0.859 times
31 Fri May 2024	205.85	208.80	208.80	202.50	0.47 times
30 Thu May 2024	205.75	212.00	213.75	204.50	0.702 times
29 Wed May 2024	212.05	213.90	215.00	211.10	0.697 times
28 Tue May 2024	213.55	219.70	220.00	212.00	0.724 times
27 Mon May 2024	217.90	222.45	227.50	217.00	1.619 times
24 Fri May 2024	223.65	216.00	223.65	215.25	1.804 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 219.6, but if it comes below 219.6, then a intra day sell could be more profitable.
If you take a sell trade below 219.6, then use 219.6 as stoploss and 214.42 as target. However if you take a buy trade in stock , then use 219.6 as stoploss and 225.9 as target.

Share price targets for Sun Pharma (SPARC)

Target Type	Value
Downside Target	196.10
Downside Target	202.50
Downside Target	208.00
Downside Target	213.15
Upside Target	220.45
Upside Target	232.30
Upside Target	240.60
Upside Target	243.80
Upside Target	287.95
Upside Target	291.00
Upside Target	300.15
Upside Target	423.35

Intraday share price targets for Sun Pharma (SPARC)

Target Type	Value
Downside Intraday Target	203.82
Downside Intraday Target	187.78
Upside Intraday Target	228.17
Upside Intraday Target	236.48
Downside Intraday Target	212.13

Weekly technical analysis of Sun Pharma (SPARC)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	219.85	216.00	220.45	196.10	1.112 times
31 Fri May 2024	205.85	222.45	227.50	202.50	1.044 times
24 Fri May 2024	223.65	220.80	223.65	208.00	0.794 times
18 Sat May 2024	219.20	222.50	225.25	213.15	0.416 times
10 Fri May 2024	219.00	222.00	229.70	208.20	0.429 times

Price has moved up 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
06 Thu Jun 2024	219.85	216.00	220.45	196.10	0.101 times
31 Fri May 2024	205.85	220.70	243.80	202.50	1.583 times
30 Tue Apr 2024	232.30	300.15	300.15	232.30	0.26 times
30 Tue Jan 2024	371.95	287.95	423.35	287.95	3.586 times

Scroll below to view daily charts

Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 neutral. A longer time frame might give a better analysis.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sun Pharma in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 213.97 and Sun Pharma (SPARC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

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