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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 2024-06-20 View latest technical analysis

10 day averaged volume of Sun Pharma is 1597634

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	238.11	232.00	241.40	231.25	0.957 times
19 Wed Jun 2024	232.98	235.00	238.28	231.50	0.612 times
18 Tue Jun 2024	235.90	234.50	238.37	229.75	0.737 times
14 Fri Jun 2024	234.27	235.90	241.70	231.56	1.638 times
13 Thu Jun 2024	234.40	224.00	238.80	220.00	1.847 times
12 Wed Jun 2024	222.36	219.80	225.40	219.65	0.661 times
11 Tue Jun 2024	218.94	219.20	223.73	217.80	0.991 times
10 Mon Jun 2024	218.08	222.00	229.60	215.25	1.558 times
07 Fri Jun 2024	220.80	220.95	226.60	218.85	0.907 times
06 Thu Jun 2024	219.85	210.50	220.45	210.50	0.61 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 242.6, for a target of 230.1 or 219.63

Share price targets for Sun Pharma (SPARC)

Target Type	Value
Downside Target	196.10
Downside Target	202.50
Downside Target	208.00
Downside Target	215.25
Downside Target	223.65
Upside Target	240.60
Upside Target	241.70
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	231.44
Downside Intraday Target	224.77
Upside Intraday Target	243.09
Upside Intraday Target	248.07
Downside Intraday Target	236.42

Weekly technical analysis of Sun Pharma (SPARC)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	238.11	234.50	241.40	229.75	0.344 times
14 Fri Jun 2024	234.27	222.00	241.70	215.25	2.276 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

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
20 Thu Jun 2024	238.11	216.00	241.70	196.10	0.59 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 mid to longer 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.

ADX buy sell signal for Sun Pharma stock for short term is BUY. Signal strength is Strong 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 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 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 228.09 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 positive

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