SUNPHARMA Weekly Outlook and Analysis:
For the Week: (Jan 23, 2023 – Jan 27, 2023)
BSE: 524715| NSE: SUNPHARMA| ISIN: INE044A01036 | SECTOR: PHARMA
Stock closed the Weekly on negative note loosing 0.12%
Sun Pharma Share Price: 1030.35
Weekly High: 1047.50
Weekly Low: 1016.85
Weekly Range: 1.25 Points
Weekly Support & Resistance For Sun Pharma:
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1015 levels, Minor resistance on the upside is capped around 1046 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 1000 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1062
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 1062 upside and 1000 on downside.