Stock analysis Sun Pharmaceuticals Industries Limited SUNPHARMA

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Moving Averages for Sun Pharmaceuticals Industries Limited

5Day Average: 1821.42
12Day Average: 1811.75
20Day Average: 1808.28
50Day Average: 1817.17
100Day Average: 1825.31
150Day Average: 1738.81
200Day Average: 1690.38

SUNPHARMA Indicators & signals

Indicator MACD (12,26,9)

1813.73, 1809.67, -0.49
Indicator MACD is in positive zone

Indicator ADX (14)

9.09, 14.55, 12.13
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SUNPHARMA Sun Pharmaceuticals Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
26 Thu Dec 2024	1841.35	1814.40 to 1845.05	1.23%	0.88 times
24 Tue Dec 2024	1819.00	1803.15 to 1831.75	0.24%	0.71 times
23 Mon Dec 2024	1814.60	1796.65 to 1828.00	0.32%	0.82 times
20 Fri Dec 2024	1808.85	1794.10 to 1825.95	-0.79%	1.58 times
19 Thu Dec 2024	1823.30	1790.80 to 1829.40	1.24%	1.21 times
18 Wed Dec 2024	1801.05	1792.80 to 1822.45	0%	1.09 times
18 Wed Dec 2024	1801.05	1792.80 to 1822.45	0.67%	1.09 times
17 Tue Dec 2024	1789.05	1783.10 to 1815.75	-1.15%	1.01 times
16 Mon Dec 2024	1809.80	1792.35 to 1822.50	-0.2%	0.93 times
13 Fri Dec 2024	1813.45	1774.05 to 1816.80	0.44%	0.88 times
12 Thu Dec 2024	1805.45	1798.05 to 1820.00	-0.47%	0.68 times
11 Wed Dec 2024	1814.00	1805.05 to 1826.35	0.22%	1.1 times

Technical analysis forecast of Sun Pharmaceuticals Industries Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Sun Pharmaceuticals Industries Limited SUNPHARMA at this time. Stock is rising and might rise more.

It appears as if Sun Pharmaceuticals Industries Limited SUNPHARMA gave a large move recently.

Stock of Sun Pharmaceuticals Industries Limited (SUNPHARMA) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Sun Pharmaceuticals Industries Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1836.5, for a target of 1822 or 1809.85

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