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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 2024-05-23 View latest technical analysis

10 day averaged volume of Sun Pharmaceuticals is 1786515

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	1495.10	1510.00	1510.00	1467.00	6.503 times
22 Wed May 2024	1539.30	1547.00	1564.00	1505.40	2.21 times
21 Tue May 2024	1540.95	1530.00	1558.30	1524.00	1.003 times
18 Sat May 2024	1531.90	1531.40	1538.70	1523.35	0.029 times
17 Fri May 2024	1531.40	1536.00	1537.30	1520.15	0.751 times
16 Thu May 2024	1536.30	1529.00	1541.15	1508.30	1.503 times
15 Wed May 2024	1527.40	1545.25	1550.25	1520.35	0.676 times
14 Tue May 2024	1545.25	1525.00	1547.95	1516.05	1.235 times
13 Mon May 2024	1525.05	1513.00	1530.00	1502.00	0.911 times
10 Fri May 2024	1506.55	1494.65	1526.45	1491.00	0.856 times

Stock of Sun Pharmaceuticals (SUNPHARMA) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1489.2, for a target of 1506.6 or 1521.03

Share price targets for Sun Pharmaceuticals (SUNPHARMA)

Target Type	Value
Downside Target	1252.50
Downside Target	1398.90
Downside Target	1438.90
Upside Target	1543.15
Upside Target	1550.25
Upside Target	1562.45
Upside Target	1564.00
Upside Target	1587.80
Upside Target	1634.00
Upside Target	1638.85

Intraday share price targets for Sun Pharmaceuticals (SUNPHARMA)

Target Type	Value
Downside Intraday Target	1453.4
Downside Intraday Target	1411.7
Upside Intraday Target	1550.4
Upside Intraday Target	1605.7
Upside Intraday Target	1508.7

Weekly technical analysis of Sun Pharmaceuticals (SUNPHARMA)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	1495.10	1530.00	1564.00	1467.00	1.903 times
18 Sat May 2024	1531.90	1513.00	1550.25	1502.00	1.34 times
10 Fri May 2024	1506.55	1518.00	1543.15	1489.80	0.777 times
03 Fri May 2024	1511.15	1516.00	1537.00	1497.00	0.415 times
26 Fri Apr 2024	1506.55	1528.45	1562.45	1477.70	2.045 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
23 Thu May 2024	1495.10	1503.00	1564.00	1467.00	0.69 times
30 Tue Apr 2024	1502.10	1631.60	1638.85	1477.70	1.061 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

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 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 short term time period is neutral. A longer time frame might give a better analysis.

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 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 gaining momentum.

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

Sun Pharmaceuticals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1517.73 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 is giving positive 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.