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MARKET OUTLOOKSTOCK OUTLOOKSUNPHARMA

SUNPHARMA Outlook for the Week (November 20, 2023 – November 24, 2023)

SUNPHARMA
SUNPHARMA
SUNPHARMA closed the previous week on a negative note losing 2.29%.

Technically, SUNPHARMA share price will see immediate support at 1,177.60 and immediate resistance would be seen at 1,205.00.

If SUNPHARMA share price closes below immediate support of 1,177.60, then sharp breakdown can be seen. SUNPHARMA share price will see major support at 1,160.60 for the week.

1200.001200.001180.001180.001160.001160.001140.001140.001120.001120.001100.001100.001080.001080.001060.001060.00Oct 6Oct 6Oct 11Oct 11Oct 16Oct 16Oct 19Oct 19Oct 25Oct 25Oct 30Oct 30Nov 2Nov 2Nov 7Nov 7Nov 10Nov 10Nov 15Nov 15Reversal Level 1176.35BuyBuySell

On the positive side, immediate resistance will be seen at 1,205.00. Closing above 1,205.00, SUNPHARMA share price will see a sharp breakout. Major resistance for SUNPHARMA share price will be seen at 1,215.40 for the week.

Trading range for SUNPHARMA share price for this week should be between 1,150.20 on down side and 1,232.40 on up side.

SUNPHARMA Previous Week High: 1198.4

SUNPHARMA Previous Week Low: 1171

SUNPHARMA Previous Week Range: 27.4 Points

SUNPHARMA share price support and resistance for the week (November 20, 2023 – November 24, 2023)

Level Type Value
Resistance 3 1,232.40
Resistance 2 1,215.40
Resistance 1 1,205.00
Support 1 1,177.60
Support 2 1,160.60
Support 3 1,150.20
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