Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

High Probabiility Trading in Sun Pharma

19 sec read


 

CMP : Rs 1229
 
Trend turns down and also exactly trading below ICIMOKU cloud 1229. Daily Resistance Comes near 1251. And the weekly support comes near 1203 levels. Below 1203 levels one could expect 7-10% downwards from current levels.
 
Trend Update for Sun Pharma
 
Short Term Trend : Down
Long Term Trend : Down
 
Related Topics
 
Bull Market for Sun Pharma End Finally – Though it tested its new high but the gains are unsustainable in sun pharma and the montly gains are nearly zero. Even Satyam did well May Series.
Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

GANN Shorter term update for Nifty as on 15…

  GANN Supports zone near 5005. More weakness below 5005 as next support near 4780. Avoid longs if nifty dips below 5005. Source: www.marketcalls.in
Rajandran R
5 sec read

Larsen and toubro update

  Trailing Stop Loss Update for Larsen and Tourbo   Cover Shorts and reverse the position if LT closes above 1665. Source: www.marketcalls.in
Rajandran R
6 sec read

JP Associates is getting Weaker

  1)Stock is showing massive MACD divergence 2)Price is currently below 13,34,55 EMA and these levels could act as a resistance in coming sessions. 3)Stop loss...
Rajandran R
12 sec read

0 Replies to “High Probabiility Trading in Sun Pharma”

  1. dear rajandran,shud i hold satyam fr the trget of 75 or sell half of my holdings regds rashmi

  2. Still now nothing wrong with the stock. Also some bullish 5/13 EMA crossover in Weekly charts which indicates momentum could continue further.But market is trading near the uncertainity region.So Its good to book 50% of your profits now and carry the rest

  3. thnks rajandran,wht is the trget fr aban,i missed out todays move.is it ok to enter now fr say 1500. regds rashmi

  4. Rashmi,Next level of Resistance for aban near 1300 levels. Above that i will directly hit 2000

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More