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MARKET OUTLOOKSTOCK OUTLOOKSUNPHARMA

SUNPHARMA Outlook for the Week (January 22, 2024 – January 26, 2024)

SUNPHARMA
SUNPHARMA
SUNPHARMA closed the previous week on a negative note losing 4.05%.

Technically, SUNPHARMA share price will see immediate support at 1,302.27 and immediate resistance would be seen at 1,356.67.

If SUNPHARMA share price closes below immediate support of 1,302.27, then sharp breakdown can be seen. SUNPHARMA share price will see major support at 1,268.93 for the week.

On the positive side, immediate resistance will be seen at 1,356.67. Closing above 1,356.67, SUNPHARMA share price will see a sharp breakout. Major resistance for SUNPHARMA share price will be seen at 1,377.73 for the week.

Trading range for SUNPHARMA share price for this week should be between 1,247.87 on down side and 1,411.07 on up side.

SUNPHARMA Previous Week High: 1344.4

SUNPHARMA Previous Week Low: 1290

SUNPHARMA Previous Week Range: 54.4 Points

SUNPHARMA share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 1,411.07
Resistance 2 1,377.73
Resistance 1 1,356.67
Support 1 1,302.27
Support 2 1,268.93
Support 3 1,247.87
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