Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-07 View latest technical analysis

10 day averaged volume of Sun Pharma is 513892

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	215.62	216.90	218.84	212.10	1.341 times
06 Tue Aug 2024	212.88	221.00	221.00	210.13	1.025 times
05 Mon Aug 2024	217.02	222.49	225.35	214.50	1.454 times
02 Fri Aug 2024	226.24	224.25	231.29	222.97	0.955 times
01 Thu Aug 2024	227.25	232.05	232.76	226.00	0.728 times
31 Wed Jul 2024	229.54	228.10	235.40	228.10	1.219 times
30 Tue Jul 2024	227.99	226.55	228.70	225.20	0.832 times
29 Mon Jul 2024	226.98	226.90	228.49	225.00	0.715 times
26 Fri Jul 2024	226.66	229.00	232.00	225.50	0.798 times
25 Thu Jul 2024	226.95	226.52	229.06	224.65	1.08 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 220.3, but if it comes above 220.3, then a intra day buy could be more profitable.
If you take a sell trade below 220.3, then use 220.3 as stoploss and 211.5 as target. However if you take a buy trade in stock , then use 220.3 as stoploss and 227.64 as target.

Share price targets for Sun Pharma (SPARC)

Target Type	Value
Downside Target	196.10
Downside Target	202.50
Downside Target	210.13
Downside Target	215.01
Upside Target	219.91
Upside Target	232.30
Upside Target	235.40
Upside Target	239.49
Upside Target	243.80
Upside Target	250.55
Upside Target	253.19
Upside Target	258.00
Upside Target	300.15

Intraday share price targets for Sun Pharma (SPARC)

Target Type	Value
Downside Intraday Target	208.72
Downside Intraday Target	201.81
Upside Intraday Target	223.94
Upside Intraday Target	232.25
Upside Intraday Target	217.03

Weekly technical analysis of Sun Pharma (SPARC)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	215.62	222.49	225.35	210.13	0.859 times
02 Fri Aug 2024	226.24	226.90	235.40	222.97	1.009 times
26 Fri Jul 2024	226.66	220.80	233.00	215.01	1.381 times
19 Fri Jul 2024	221.00	236.80	239.49	219.91	0.537 times
12 Fri Jul 2024	235.90	252.10	253.19	235.00	0.592 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
07 Wed Aug 2024	215.62	232.05	232.76	210.13	0.209 times
31 Wed Jul 2024	229.54	242.00	258.00	215.01	0.526 times
28 Fri Jun 2024	240.39	216.00	250.55	196.10	0.796 times
31 Fri May 2024	205.85	220.70	243.80	202.50	1.583 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 and the sell signal is strong.

Sun Pharma Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 222.94 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 negative.

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