Cipla
CIPLA LONG Above 825Closing above 825 can leads to good up move
SMA As a SL(754 closing basis)
also 78.6% fibbo level is near 725
support zone is 725 to 695
bullish in all time frame
comfortably sitting above all important moving average
CIPLA, Strong Rally/Reversal – 15 mins chart!CIPLA after giving a strong upward nosedived to close at 755 ! It reversed from day’s high of Rs. 774.65 which was exactly its near term resistance level.
It gave Rs.10 from the closing low of selling divergence (blue) candle.
Indicator used TE REKAB, it captures reversals in the market.
This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.
Happy Investing !
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#CIPLA breaking out a Cup and Handle Cipla is ready to breakout of a cup and handle pattern. With most pharma being in a rally there is a good chance to ride this. look for a target to the 925 area
CIPLA - BOTTOMED OUTCIPLA BOTTOMING OUT
BUYING CAN BE DONE NEAR 760 - 65 AREAS ...
LOOKS STRONG TILL IT HOLDS 750 PERFECTLY
CAN SEE 820/40 IN COMING WEEKS
CIPLA(Positional Trade) | RR 1:4+ | Pattern :- Ascending Triangle
Reasons To Trade🤔 :- Bullish Sector, Stock In Uptrend, Above 200 DMA, Forming Perfect Ascending Triangle, Last Candle- Bullish Engulfing.
Entry :- 770 - 780
Stop Loss :- 750 - 755
Targets :- 815 -> 848 -> 868 -> 900
(Risk Must Be Managed.)
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--Any Suggestions--
Buy CiplaBuy Cipla above 785 TGT 788-791-794 SL 778. Entry will be taken after the closure of confirmation candlein 15 min.
Swing/Intraday setupSwing setup:
One can enter at CMP or above 815 or wait for 825 to enter for unstoppable upside move. RR could be anything from 1:3 to 1:10 with SL of 800 for entry between 815 to 818 and SL of 814 for entry above 825.
Intraday setup:
Enter above 825 with SL of 820 for the target of 835/850/870. Keep trailing SL on every 10 points.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
LUPIN SET UP FOR SHORT TERM AND MID TERM LUPIN has been forming a nice cup pattern (2times)
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i am expecting the same for the third time
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a buy will trigger on DCB above 1055
sl: below 1022 on DCB
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1 st target: 1122 and trail after that
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analyses shared only for educational purpose
CIPLA SHORT SELL SETUP GAVE EASY 1% THE NEW FIBO STRATEGY GAVE US EASY 1 %
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IT GAVE UPPER BO FOR LONG BUT SHOWED ITS REAL FACE
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TL COULD BE DRAWN AFTER SOME MINUTES
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FIBO RETRACEMENTS HAPPENED AND WOO HERE WE GO FOR 1 %
CIPLA at crucial level : trading at its swing high (814-815)Cipla was able to gain its 10 Aug 20 level in previous day session when nifty pharma was up by 2.5% . There still some space is left for pharma sector to cover on upper side. Considering this probability lets understand the cipla's possible moves.
1. Cipla is looking very good at this time and today if 815-820 hold we can see a rally towards 880, SL to be maintained 800
2. If it resisted again at this level (815) and forms a bearish candle, first down move can be seen till 785.
CIPLA Cup and HandleStock has completed Cup and Handle pattern and set to blast upward after breaking the neckline.
CIPLAIm not an expert im just sharing my views on CIPLA for tomorrow
Im not responsible for any profit or loss this is not a recommendation
NIFTYPHARMA INDEX MAJOR SUPPORT ZONES BUY ON DIPSNIFTYPHARMA INDEX MAJOR SUPPORT ZONES ON CHART
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