Cipla
Cipla - breakout can happen anytime - Watch Pharma SectorThe sector (pharma sector) as a whole is in a consolidation. A breakout can give a huge up/down trend.
Look into other pharma stocks to verify statements.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Thank you
Have a Nice day!!
Jyoti Labs buy trend continuation on 60 min chartJyothy Labs is in a strong uptrend and is continuing its move. Recently it has tested its previous resistance which is now working as a support and now given the breakout of a down trendline so we can ride this trend with strick stoploss.
CIPLA View Posted on : 16-AugCipla is waiting for a break.
But if it gives a Buy signal Be very Cautious !! Manage your risk & put a proper Stoploss!
Because as we can see cipla may try to fill the gap and buying side may be risky!
In case, of a selling side Try exiting with a quick profit don't wait for high targets!!
Cipla | BUYThe stock is likely to emulate the rally that happened by taking support ₹565 post confirming a run-away gap in early April. After forming a fresh gap-up last week, the stock holds on to it and the scrip is in a position to establish another leg of uptrend and form fresh all-time highs.
Cipla - Gap Fill BetCipla shot up despite horrible earnings figure.
I reckon there is time for some correction here!
Positional
Sell below 755.6 for 750, 745, 740 with SL at 765
Cipla Share on Twin Trade ideasNo doubt Cipla stock is in uptrend & long entry is advised to be taken in these kind of stocks. But here as per technical anlaysis stock can move as per the wave drawn on the charts. So in upcoming session try to short the cipla near the level of 773 or below 760 for the target price of 740 as small correction and gap filling expected to be completed with the SL of 783. In case gap down opening of the stock then do not chase.After this wave we can take the long entry as shown. Will update here . So add the stock in your watch list to see the price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
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Bought CIPLA ------Intraday Fast Call1. It took some time to post the analysis so, entry price is bit higher .
2. Trendline brake with volume and retracement is also done
3. we have bought at rejection in support zone
4. one can reduce the stoploss also
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CIPLA TREND ANALYSISEarnings released, profit up 26.6%. Trend will continue in the same pattern but hike in prices for this week could come because of earning release.
Cipla ShortI hope you can now see how Cipla represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Cipla Share on Bullish trend Cipla Share might go for another life time high in upcoming session. Now on all TFs stock in uptrend. So we can take the long entry after the trend line broken. Around above 684 we can take long entry for the target price of 696-702. SL can be set @ level of 673. So add the stock in your watch list for further price action movement. RSI level is bit cautious. Expected minor retracement befor moving uptrend.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask
CIPLA | 15 JUL 2020MULTIPLE CONFIRMATIONS GIVES CONFIDENCE AND APPROVES STRONG TREND
1 RUPEE STOP
4.5 RUPEE TARGET
RISK : REWARD = 1 : 4.5
FANTASTIC TRADE
NSE:CIPLA
CIPLA Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
CIPLABEARISH DIVERGENCE WITH RISING WEDGE SETUP. WE CAN HAPPYILY SHORT AFTER PDL BREAK, T1 T2 ARE MENTIONED IN CHART
