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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKSUNPHARMA

SUNPHARMA Outlook for the Week (February 26, 2024 – March 01, 2024)

SUNPHARMA
SUNPHARMA
SUNPHARMA closed the previous week on a negative note losing 3.89%.

Technically, SUNPHARMA share price will see immediate support at 1,522.95 and immediate resistance would be seen at 1,584.00.

If SUNPHARMA share price closes below immediate support of 1,522.95, then sharp breakdown can be seen. SUNPHARMA share price will see major support at 1,484.65 for the week.

1600.001600.001550.001550.001500.001500.001450.001450.001400.001400.001350.001350.001300.001300.001250.001250.00Jan 12Jan 12Jan 17Jan 17Jan 20Jan 20Jan 25Jan 25Jan 31Jan 31Feb 5Feb 5Feb 8Feb 8Feb 13Feb 13Feb 16Feb 16Feb 21Feb 21Reversal Level 1531.48BuySell

On the positive side, immediate resistance will be seen at 1,584.00. Closing above 1,584.00, SUNPHARMA share price will see a sharp breakout. Major resistance for SUNPHARMA share price will be seen at 1,606.75 for the week.

Trading range for SUNPHARMA share price for this week should be between 1,461.90 on down side and 1,645.05 on up side.

SUNPHARMA Previous Week High: 1568.45

SUNPHARMA Previous Week Low: 1507.4

SUNPHARMA Previous Week Range: 61.05 Points

SUNPHARMA share price support and resistance for the week (February 26, 2024 – March 01, 2024)

Level Type Value
Resistance 3 1,645.05
Resistance 2 1,606.75
Resistance 1 1,584.00
Support 1 1,522.95
Support 2 1,484.65
Support 3 1,461.90
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{"buy_point":[{"en_ltd":"2024-01-18","en_sup_p_91":"1330.06","en_sup_t_91":"1290.62","prev_close":"1299.00","en_close":"1335.75","new_date":"Jan 18","prev_close_no":1299}],"sell_point":[{"en_ltd":"2024-01-17","en_sup_p_91":"1308.79","en_sup_t_91":"1330.06","prev_close":"1313.45","en_close":"1299.00","new_date":"Jan 17","prev_close_no":1313}]}

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