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

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

Sun Pharmaceuticals trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-04-15 View latest technical analysis

10 day averaged volume of Sun Pharmaceuticals is 2633117

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	1540.05	1517.60	1544.10	1503.80	0.94 times
12 Fri Apr 2024	1540.00	1595.00	1595.00	1534.00	3.136 times
10 Wed Apr 2024	1604.05	1603.05	1608.50	1583.75	0.733 times
09 Tue Apr 2024	1602.55	1601.00	1608.85	1591.95	0.528 times
08 Mon Apr 2024	1599.70	1611.00	1618.90	1597.00	0.444 times
05 Fri Apr 2024	1609.00	1611.00	1638.85	1606.10	0.588 times
04 Thu Apr 2024	1619.35	1620.90	1628.00	1587.15	0.926 times
03 Wed Apr 2024	1619.85	1609.00	1628.95	1594.20	0.797 times
02 Tue Apr 2024	1622.25	1629.25	1633.00	1609.90	0.73 times
01 Mon Apr 2024	1629.25	1631.60	1633.75	1618.50	0.436 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1558.4, but if it comes above 1558.4, then a intra day buy could be more profitable.
If you take a sell trade below 1558.4, then use 1558.4 as stoploss and 1522.3 as target. However if you take a buy trade in stock , then use 1558.4 as stoploss and 1588.52 as target.

Share price targets for Sun Pharmaceuticals (SUNPHARMA)

Target Type	Value
Downside Target	1208.55
Downside Target	1252.50
Downside Target	1398.90
Downside Target	1438.90
Downside Target	1503.80
Upside Target	1587.15
Upside Target	1592.10
Upside Target	1618.90
Upside Target	1621.00
Upside Target	1634.00
Upside Target	1638.85

Intraday share price targets for Sun Pharmaceuticals (SUNPHARMA)

Target Type	Value
Downside Intraday Target	1514.53
Downside Intraday Target	1489.02
Upside Intraday Target	1554.83
Upside Intraday Target	1569.62
Downside Intraday Target	1529.32

Weekly technical analysis of Sun Pharmaceuticals (SUNPHARMA)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	1540.05	1517.60	1544.10	1503.80	0.194 times
12 Fri Apr 2024	1540.00	1611.00	1618.90	1534.00	1.392 times
05 Fri Apr 2024	1609.00	1631.60	1638.85	1587.15	0.863 times
28 Thu Mar 2024	1620.55	1595.05	1634.00	1592.10	0.628 times
22 Fri Mar 2024	1608.90	1548.25	1621.00	1520.50	1.237 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 Pharmaceuticals (SUNPHARMA)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	1540.05	1631.60	1638.85	1503.80	0.458 times
28 Thu Mar 2024	1620.55	1580.00	1634.00	1520.50	1.038 times
29 Thu Feb 2024	1577.95	1427.00	1587.80	1398.90	1.082 times
31 Wed Jan 2024	1418.45	1261.00	1438.90	1252.50	1.21 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 Pharmaceuticals (SUNPHARMA)

Price action analysis of Sun Pharmaceuticals ( (SUNPHARMA) ) 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 Pharmaceuticals ( (SUNPHARMA) ) based on a short to mid 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 Pharmaceuticals ( (SUNPHARMA) ) 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 Pharmaceuticals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Sun Pharmaceuticals 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Sun Pharmaceuticals in short term and SELL signal is strong!

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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1581.39 and Sun Pharmaceuticals (SUNPHARMA) 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 Pharmaceuticals (SUNPHARMA) stock. Volume based technical analysis of Sun Pharmaceuticals (SUNPHARMA) stock is negative.

Sun Pharmaceuticals 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.