Powered by: Motilal Oswal
2025-12-12 10:23:01 am | Source: Religare Broking Ltd
Stock of the day : Sun Pharmaceutical Industries Ltd by Target Rs. 1930 - Religare Broking Ltd
Stock of the day : Sun Pharmaceutical Industries Ltd by Target Rs. 1930 - Religare Broking Ltd

Sun Pharmaceutical Industries Ltd

Buy Sun Pharmaceutical Industries Ltd CMP 1807.20 Range 1805-1810 SL 1745 Target 1930

* SUNPHARMA demonstrates sustained bullish momentum, reinforced by positively aligned short-term moving averages providing dynamic support.

* A confirmed breakout from the falling-wedge formation signals continuation strength and potential near-term upside.

* The sequence of higher highs and higher lows further validates the prevailing uptrend, while momentum indicators remain constructive, indicating persistent buying interest.

* Long positions may be considered at current levels, anticipating continued trend follow-through and incremental upward extension.

 

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ00017433

 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here