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Technicals for Sun Pharmaceutical Industries Limited
By MusingTheNews
2026-02-03 20:57
Overall Technical outlook
Price Summary
On 2026-02-03, Sun Pharmaceutical Industries Limited's stock opened at 1709.9, reached a high of 1725.0, dropped to a low of 1671.0, and closed lower -0.46% at 1702.1, with a trading volume of 8520428 shares. The top price for the stock in the last 52 weeks is 1841.6, with the bottom price being 1563.3. 38 analysts predict that the future price of SUNPHARMA will be in the range of 1575.0 to 2450.0, with a mean expected price of about 1965.2894.
Technicals
Support and Resistance: The price for SUNPHARMA is 1702.1, with support at 1670.9 and resistance at 1745.9. This suggests a range where 1670.9 acts as a base, preventing declines, and 1745.9 caps gains, defining key trading levels. Support/Resistance for SUNPHARMA
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Sun Pharmaceutical Industries Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Sun Pharmaceutical Industries Limited
Parabolic SAR: The PSAR has just shifted from bearish to bullish, indicating a potential trend reversal. If this move is confirmed by other indicators, it could signal a strong bullish trend. Traders should monitor this development closely, especially if other market signals align with this bullish reversal for Sun Pharmaceutical Industries Limited. Parabolic Stop and Reverse chart for Sun Pharmaceutical Industries Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for SUNPHARMA. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Sun Pharmaceutical Industries Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for Sun Pharmaceutical Industries Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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