SUNPHARMA 1D Time frame

🔍 Current Price

Approximately ₹1,646 – ₹1,650

🧮 Strategy / Trade Ideas

Long Setup:

If price holds above ₹1,630 – ₹1,620 and shows reversal signals (bullish candle etc.), opportunity to go long.

Target zones: first towards ₹1,655 – ₹1,660, then potentially ₹1,675 – ₹1,680.

Stop-loss could be just below support around ₹1,620 to manage risk.

Short / Pullback Setup:

If price faces resistance near ₹1,655 – ₹1,660 and fails to break with conviction.

Potential downside toward ₹1,630 first, then ₹1,600 if that support doesn’t hold.

Breakout Setup:

If price clears and sustains above ₹1,675 – ₹1,680, especially closing above ₹1,745 – ₹1,755, there may be scope for further upside.

✅ Summary

Sun Pharma on the daily chart is moderately bullish. Key for continuation is holding above support in lower ₹1,600-₹1,630 zone, and overcoming resistance around ₹1,655-₹1,660. A breakout above ₹1,675-₹1,680 would strengthen bullish case; failure to hold support could lead to downside.