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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 2024-06-10 View latest technical analysis

10 day averaged volume of Sun Pharma is 762503

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	218.08	222.00	229.60	215.25	3.265 times
07 Fri Jun 2024	220.80	220.95	226.60	218.85	1.9 times
06 Thu Jun 2024	219.85	210.50	220.45	210.50	1.279 times
05 Wed Jun 2024	210.00	204.10	213.00	196.10	0.918 times
04 Tue Jun 2024	203.40	207.00	209.00	201.15	1.286 times
03 Mon Jun 2024	211.70	216.00	216.00	207.30	0.782 times
31 Fri May 2024	205.85	208.80	208.80	202.50	0.428 times
30 Thu May 2024	205.75	212.00	213.75	204.50	0.639 times
29 Wed May 2024	212.05	213.90	215.00	211.10	0.635 times
28 Tue May 2024	213.55	219.70	220.00	212.00	0.659 times

Stock of Sun Pharma (SPARC) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 220 as stoploss in an intra day sell trade for a target of 214.69. However, stock will show a bullish move above 220.

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	223.65
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	212.35
Downside Intraday Target	206.63
Upside Intraday Target	226.7
Upside Intraday Target	235.33
Upside Intraday Target	220.98

Weekly technical analysis of Sun Pharma (SPARC)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	218.08	222.00	229.60	215.25	0.53 times
07 Fri Jun 2024	220.80	216.00	226.60	196.10	1.607 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

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
10 Mon Jun 2024	218.08	216.00	229.60	196.10	0.222 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 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.

Price action analysis of Sun Pharma ( (SPARC) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 214.37 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.