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Sun Pharma

Discussion in 'Technical Analysis' started by sujan4bw, Aug 1, 2012.

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  1. sujan4bw

    sujan4bw Member

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    Hi,

    One more stock to go long. it can picked in range of 664 - 667.

    Its W pattern and as well breakout stock.;)

    Regards
    Sujan
     

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  2. shabbir

    shabbir Administrator Staff Member

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    We bunch of retail investors are now able to predict and play the market better than so many experts we see on TV :D

    Something I always wanted to.
     
  3. sujan4bw

    sujan4bw Member

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    Shabbir, Its all because of you and your E book.
    This is the practical feedback I wanted to give on e book.
     
  4. masihpatel

    masihpatel Active Member

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    Dear Shabbir,This is all because of your valuable guidance and advises.
     
  5. sujan4bw

    sujan4bw Member

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    Sun Pharma is rocking. Bought 200 shares at 668, now it is at 674 :)
     
  6. monilhathi

    monilhathi New Member

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    Excellent spotting. And yes, Shabbir has given us the start that many of us would probably have missed learning elsewhere.
     
  7. shabbir

    shabbir Administrator Staff Member

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    Thanks for those kinds words and I think you should share the same in Enjoying DIYTA? Let Me Know Forum as well
     
  8. sujan4bw

    sujan4bw Member

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    took position in 680 CE option...2lots.
     
  9. sujan4bw

    sujan4bw Member

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    Breakout yet again in sunpharma with high volumes. Today's high hit 699
     
  10. viraf53

    viraf53 New Member

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    Bought sun pharma at 638 on 2nd July 2012 and has been accumulating in the range of 630 - 660. Will book partial profit at 730. I like sun pharma fundamentally and will buy on dips and will always be in my portfolio.
     
  11. sujan4bw

    sujan4bw Member

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    Head and shoulders

    Sun Pharma has formed Head and shoulder pattern. It is trading at 681 now.

    It might touch 650 downside.
     

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  12. pravin_g

    pravin_g New Member

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    Dear Shabbir

    Please correct

    Sun Pharma is close to a breakout at 720. Long position can be taken if it closes above 722.
    Volumes are significant.

    Regards
    Pravin
     
  13. shabbir

    shabbir Administrator Staff Member

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    You are right Pravin and Stop loss should be 680/690
     
  14. shwetagnema

    shwetagnema Active Member

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    i baught sunpharma at 709 with target of 755 and stop loss 680......as posted, stop loss seems to be fine, what do you say about the target
     
  15. shabbir

    shabbir Administrator Staff Member

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    You can have target twice the SL. Your Stop loss is 29 Rs and so you can ahve target of 58 Rs or can even go for trailing stop loss.
     
  16. verenmitter2001

    verenmitter2001 Member

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    Hi shabbir
    Sunpharma has reached its resistance level of 774.
    Breakout above 774
    Please share your views.
    reagards
    Veren
     
  17. shabbir

    shabbir Administrator Staff Member

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    Perfect levels