rachanak

CIPLA A BUY BASED ON EXLANATION GIVEN IN IDEA POST

Long
NSE:CIPLA   CIPLA LTD
PLEASE CLICK THE IDEA TO SEE REASON FOR BUY SIDE SUGGESTION IN SCRIPT
disclaimer - buy @ own risk.

Comments

Hey! Cipla @732.. Looking at current market situation what would be your advise? Thank you :)
Reply
rachanak Jitu2505
@Jitu2505, hi, my stop is met here - new entry i will take post monday sir if i see any fresh entry trigger
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Nifty Pharma just gave a breakout and now above 11850... But cipla just sitting at same levels ☹️😣 Cheating hai yeh toh 😅☹️
Reply
rachanak mercifulMaster41373
@mercifulMaster41373, current 15 mn candle is big green one - so keep hopes on
Reply
Do you think any big breakout can happen due to expiry? Tomorrow or day after?
Reply
rachanak mercifulMaster41373
@mercifulMaster41373, a breakout abv 758 is what i m anticipating sir, as u can notice in chart too...the script is giving small swing trades till that level... and on bigger time frame - 4hours- there is inside body formation - whose high is @ 758 too, hence multiple reasons i see why 756-58 level becomes resistance level for a big breakout
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@rachanak, Yes i also think if we see closing above 758, big gap up opening can be seen.. Holding 800 CE... I don’t know what’s gonna happen? 🥺
Reply
rachanak mercifulMaster41373
@mercifulMaster41373, 800 ce of current series ?
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@rachanak, yes unfortunately... holding it for pas 10-12 days where cipla gave no movement, but my premium decreased a lot ☹️
Reply
rachanak mercifulMaster41373
@mercifulMaster41373, yes its IV is too high hence... hope it works in your favor by the end of series
Reply
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