Cipla
CIPLA is Looking strong Above 700 as a Positional TradeCIPLA is Looking strong Above 700 as a Positional Trade for the target of 750-780-800-820
Educational purpose only: ciplaBreaking the trend line today sustaining above it will move big AGM also today
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.
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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.
