Hello Trader, Here is the full analysis of SUNPHARMA:
1) Monthly - crossed its monthly resistance which is now turned support.
2) Hourly - The stock is trading near to strong resistance/supply zone and can test is resistance for upmove.
3) Current retracement level is at 0.5 which is good level for prices to move up
Action
One can wait for the prices to cross the resistance level or if falling down towards trend line for entry.
Technical Indicators:
Moving Averages Bullish
Technical Indicators Bullish
Moving Averages Crossovers Bullish
How can you support me:
1) Like my idea.
2) Follow me for more analysis
Feedback:
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1) Monthly - crossed its monthly resistance which is now turned support.
2) Hourly - The stock is trading near to strong resistance/supply zone and can test is resistance for upmove.
3) Current retracement level is at 0.5 which is good level for prices to move up
Action
One can wait for the prices to cross the resistance level or if falling down towards trend line for entry.
Technical Indicators:
Moving Averages Bullish
Technical Indicators Bullish
Moving Averages Crossovers Bullish
How can you support me:
1) Like my idea.
2) Follow me for more analysis
Feedback:
Please share your feedback in comments and this will help me to improve my drawing and analysis
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.