Cipla Looking Good Above 760Expecting 780 in near Future
It was moving sideways for the last few days. Finally gave a breakout above 755.
Caution: Expecting 4-5% Fall in Overall Market in December. That can spoil all analysis. So trade wisely.
Cipla
Cipla - 13 days Price range or consolidation- NOW time to BREAK.#cipla 13days price range as published earlier too as per related idea...however it did not sustain after breaking low, now keep watch tomorrow if it breaks level of 759, if breaks then a rocket move can be expected...
Cipla#cipla followup... Price broken after 8 days in a row...stay bearish here as long as price stays below 732.
CIPLA - KEEP AN EYECIPLA KEEP AN EYE
VOLUME SHOWS REVERSAL IS POSSIBLE AND A NEW BOTTOM CAN BE FORMED NEAR 730 AREAS
724 CAN ACT AS A VERY GOOD SUPPORT
CIPLA TRYING TO BREAK TRINAGULAR PATTERN.Levels on the chart.
The analysis is for my own study purpose. your feedback is welcome.
Cipla#cipla followup...see 12th Nov the day when price made high and low and then for 7 days price is in range within that high and low. Any side breaking the low 732 or high 759 of this range can give a good momentum...Watch out.
Watch rectabgular box in CiplaCipla is trading in a rectangular box for last few days. Trade on the side it moves out of the box for quick gains.
Cipla#cipla intra view...Interesting to see which side it breaks this box... below 733 more pain and above 752 more strength...Pharma today looks weak however you never know :)
CIPLAIm not an expert im just sharing my views on CIPLA
Im not responsible for any profit or loss this is not a recommendation
CIPLA: Positional Levels on chart
Downside has many supports, I won't short pharmas in any case - there are plenty of other short opportunities out there including NIFTY
CIPLA bearish trendlineTrendline and the specially designed volume action analysis suggest a Bearish run on the CIPLA.
The background with light green color are indication for bulls taking the position and the Light red background suggest Bears are dominating in the region.
This is my NEXT week analysis on CIPLA two resistance line are there with good volume supporting the bearish view.
will give follow back to all the followers.
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Cipla#Cipla... this seems a perfect retracement plus shooting star at resistance TL... Need to watch movement below this candle tomorrow, most probable is Short from here...
Cipla Share on Bullish trend On all TFs Cipla stock is in uptrend. Look RSI is recovering in V shape. Long @ 746 TGT 810 SL 714, Risk to reward ration 1:2:1. Trading above 20 EMA. This is for your educational purpose only.
CIPLA . Looking positiveIt has been trading in a channel. Just above its 100 day moving average. Looking like a positive breakout.
