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MARKET OUTLOOKSTOCK OUTLOOKSUNPHARMA

SUNPHARMA Outlook for the Week (January 01, 2024 – January 05, 2024)

SUNPHARMA
SUNPHARMA
SUNPHARMA closed the previous week on a negative note losing 2.57%.

Technically, SUNPHARMA share price will see immediate support at 1,241.85 and immediate resistance would be seen at 1,274.50.

If SUNPHARMA share price closes below immediate support of 1,241.85, then sharp breakdown can be seen. SUNPHARMA share price will see major support at 1,224.25 for the week.

1280.001280.001270.001270.001260.001260.001250.001250.001240.001240.001230.001230.001220.001220.001210.001210.001200.001200.001190.001190.001180.001180.001170.001170.00Nov 16Nov 16Nov 21Nov 21Nov 24Nov 24Nov 30Nov 30Dec 5Dec 5Dec 8Dec 8Dec 13Dec 13Dec 18Dec 18Dec 21Dec 21Dec 27Dec 27Reversal Level 1241.68BuySell

On the positive side, immediate resistance will be seen at 1,274.50. Closing above 1,274.50, SUNPHARMA share price will see a sharp breakout. Major resistance for SUNPHARMA share price will be seen at 1,289.55 for the week.

Trading range for SUNPHARMA share price for this week should be between 1,209.20 on down side and 1,307.15 on up side.

SUNPHARMA Previous Week High: 1271.95

SUNPHARMA Previous Week Low: 1239.3

SUNPHARMA Previous Week Range: 32.65 Points

SUNPHARMA share price support and resistance for the week (January 01, 2024 – January 05, 2024)

Level Type Value
Resistance 3 1,307.15
Resistance 2 1,289.55
Resistance 1 1,274.50
Support 1 1,241.85
Support 2 1,224.25
Support 3 1,209.20
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{"buy_point":[{"en_ltd":"2023-12-18","en_sup_p_91":"1248.92","en_sup_t_91":"1228.30","prev_close":"1235.75","en_close":"1252.75","new_date":"Dec 18","prev_close_no":1235}],"sell_point":[{"en_ltd":"2023-12-12","en_sup_p_91":"1225.57","en_sup_t_91":"1253.60","prev_close":"1241.40","en_close":"1218.00","new_date":"Dec 12","prev_close_no":1241}]}

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