CIPLAIt has triggered a Bearish Ichimoku C Clamp in daily time frame which suggest a retracement till 615. In hourly its making a Bearish Diamond Pattern indicating 615/600 on break of 638. View would go wrong above 653
Cipla
CIPLA AnalysisDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Cipla - Positional Sell below 634.5SELL: Positional sell on close below 634.5 on 30min charts
Target: 610, SL: 658
Stock is forming lower high pattern in 30min charts & trading below 20SMA. Wait for candle to closed below 634.5 in 30min chart & sell below the low of the candle closing below 634.5 levels
CIPLA Buy at this support, CMP : 639Cipla is in a range. Now Market comes in to an area of support. Also a strong bullish candle is formed.
Entry Price : 638.80
Cmp : 639.80
STOP Loss : 633.75
Target : 652
CIPLA ConsolidatingCIPLA has been trading in a zone for the past 42 days.
This might continue for some more days,but a big move is expected whenever is breakouts or breakdowns from this zone.
Will trade with 1:3 RR NSE:CIPLA
More chances of breakout are there as CNX Pharma is bullish and it might reach 10k levels soon.
Keep a look out on pharma stocks especially :
1) Alembic Pharma
2) Torrent Pharma
3) Aarti Drugs
Cipla in lower timeframeCIPLA consolidating at the all time high
Refer previous chart for higher level time frame chart. Tagged below.
Refer chart for levels
Time to long CIPLALong Cipla
1. Fibonacci retracement level of 61.8% broken
2. 5SMA above 20SMA indicating uptrend
3. Weekly RSI above 60
4. High volume
5. Green candle forming bullish engulfing patter
Target around 680
Stoploss 3% (can vary as per individual risk management)
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CIPLA Trading in a channel Zone.kindly check on daily chart Cipla is trading in a channel form.Lets wait to break the channel will get good results. Just add the stock in your watch-list. Shortly it will break the channel . Keep follow will update you all once trade is active either for long or short entry.
Have patience is the success to key. please note Do not anticipate and move without market confirmation.
(Intraday) Soon Selling! on Cipla
1. Cipla price took the reversal from 1.61 level of the last peak on an Hour Chart.
2. Looks like cipla about to make the shooting star formation on an hour chart.
3. It has already formed shooting star formation on 15M Chart with valid Volume.
4.to keep the trading Safe
SELL BELOW: 627 Target: 614 , 597 Stop Loss: 639
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Cipla Rectangle BO NSE:CIPLA
Rectangle BO
Cipla one month long BO
Immediate Target: 678, 745
Strict Stoploss: 625.
Breaking 620 close the call.
buy cipla intraday/hold for 3 daysTomorrow , if Cipla open near 622, and if share price is near 633 at 9:30, buy the shares. Keep a Target around Rs650 and you may place Stop loss as you wish. if the trend is downwards in the preopen market, then do not buy the share.
For traders who wish to hold for 2-3 days, hold the share till target of 666.
CiplaFurther Buy Opportunity In CIPLA , Execute Trade Only After If Level Get Breached With Volume.
Invest Or Trade At Your Own Risk.
Happy Trading
CIPLA BUY SL564/ TGT 583 /sell below 564 tgt downside 520Cipla in a breakout position, just before its earning day, we are currently trading near support of gap up we had in start of April. If it breaks 564 Cipla can touch 520 on downside or if it stays above 564 tgt 583.
One can trail stop loss using 20 day hull moving avg.
SHORT CIPLAOne should wait for Cipla to reach this level first. Entry will be very important in this case!!
There is a huge gap which can be filled.
CIPLA - Probable Downfall in coming session(s) - POSITIONALCipla seems to have a bearish sentiment. Broken the Channel and the Monthly zones with good volume . Expecting it to fall further (a retracement to the red line is quite possible). Will be entering short basis candlestick pattern and if it shows rejection below the red line for a TGT of about 521-525.
Entry would be mostly around 585 (near to the red line, if retracement is seen), SL above 603.5, TGT: 521-525.
Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
Note: All the values given are in CIPLA spot price chart. And also please note this is Positional analysis and is NOT for intraday
This can be followed by a long entry later on after completion of a Harmonic Pattern , will be updated later if a good entry is seen
THIS WAS PUBLISHED A WHILE AGO, BUT SEEMS NOT PUBLISHED IN REGIONAL WEBSITE OF TV, therefore again publishing the same idea.
Cipla at Trend Line Support NSE:CIPLA
Cipla is currently at important Trend Line Support. If line break you can see big fall or if trend take positive move it will reach as mentioned target point.
