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MARKET OUTLOOKSTOCK OUTLOOKSUNPHARMA

SUNPHARMA Outlook for the Week (December 04, 2023 – December 08, 2023)

SUNPHARMA
SUNPHARMA
SUNPHARMA closed the previous week on a negative note losing 4.62%.

Technically, SUNPHARMA share price will see immediate support at 1,196.55 and immediate resistance would be seen at 1,253.90.

If SUNPHARMA share price closes below immediate support of 1,196.55, then sharp breakdown can be seen. SUNPHARMA share price will see major support at 1,161.85 for the week.

1260.001260.001240.001240.001220.001220.001200.001200.001180.001180.001160.001160.001140.001140.001120.001120.001100.001100.001080.001080.001060.001060.00Oct 19Oct 19Oct 25Oct 25Oct 30Oct 30Nov 2Nov 2Nov 7Nov 7Nov 10Nov 10Nov 15Nov 15Nov 20Nov 20Nov 23Nov 23Nov 29Nov 29Reversal Level 1214.43BuySell

On the positive side, immediate resistance will be seen at 1,253.90. Closing above 1,253.90, SUNPHARMA share price will see a sharp breakout. Major resistance for SUNPHARMA share price will be seen at 1,276.55 for the week.

Trading range for SUNPHARMA share price for this week should be between 1,139.20 on down side and 1,311.25 on up side.

SUNPHARMA Previous Week High: 1241.85

SUNPHARMA Previous Week Low: 1184.5

SUNPHARMA Previous Week Range: 57.35 Points

SUNPHARMA share price support and resistance for the week (December 04, 2023 – December 08, 2023)

Level Type Value
Resistance 3 1,311.25
Resistance 2 1,276.55
Resistance 1 1,253.90
Support 1 1,196.55
Support 2 1,161.85
Support 3 1,139.20
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{"buy_point":[{"en_ltd":"2023-11-01","en_sup_p_91":"1116.16","en_sup_t_91":"1082.31","prev_close":"1088.60","en_close":"1116.20","new_date":"Nov 1","prev_close_no":1088}],"sell_point":[{"en_ltd":"2023-10-23","en_sup_p_91":"1129.81","en_sup_t_91":"1152.58","prev_close":"1142.20","en_close":"1122.45","new_date":"Oct 23","prev_close_no":1142}]}

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