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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 2024-04-25 View latest technical analysis

10 day averaged volume of Sun Pharmaceuticals is 3740591

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	1520.15	1490.00	1527.30	1488.65	1.028 times
24 Wed Apr 2024	1485.75	1484.65	1503.00	1479.35	1.244 times
23 Tue Apr 2024	1484.65	1562.00	1562.45	1477.70	2.449 times
22 Mon Apr 2024	1540.10	1528.45	1548.00	1521.95	0.449 times
19 Fri Apr 2024	1522.80	1505.00	1528.30	1503.70	0.678 times
18 Thu Apr 2024	1516.40	1545.55	1545.55	1506.45	0.873 times
16 Tue Apr 2024	1537.55	1535.00	1543.30	1525.15	0.55 times
15 Mon Apr 2024	1540.05	1517.60	1544.10	1503.80	0.661 times
12 Fri Apr 2024	1540.00	1595.00	1595.00	1534.00	2.208 times
10 Wed Apr 2024	1604.05	1603.05	1608.50	1583.75	0.516 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1522.9, but if it comes above 1522.9, then a intra day buy could be more profitable.
If you take a sell trade below 1522.9, then use 1522.9 as stoploss and 1465.3 as target. However if you take a buy trade in stock , then use 1522.9 as stoploss and 1570.81 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	1477.70
Upside Target	1587.80
Upside Target	1592.10
Upside Target	1618.90
Upside Target	1634.00
Upside Target	1638.85

Intraday share price targets for Sun Pharmaceuticals (SUNPHARMA)

Target Type	Value
Downside Intraday Target	1477.75
Downside Intraday Target	1435.35
Upside Intraday Target	1562.5
Upside Intraday Target	1604.85
Downside Intraday Target	1520.1

Weekly technical analysis of Sun Pharmaceuticals (SUNPHARMA)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	1520.15	1528.45	1562.45	1477.70	1.871 times
19 Fri Apr 2024	1522.80	1517.60	1545.55	1503.70	0.811 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sun Pharmaceuticals (SUNPHARMA)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	1520.15	1631.60	1638.85	1477.70	0.969 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

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

Sun Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Pharmaceuticals in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1518.98 and Sun Pharmaceuticals (SUNPHARMA) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.