buy sidekeeping trades simple - based on trendline + resistance breakout
and with strong market support
buy entry in cipla for target range 1214-1218-122
stop as per comfort
disclaimer - trade @ ON RISK
Cipla
intra tradeintraday eyeing for target 1178
purely based on resistance cross - and fibo level
disclaimer - trade at own risk
Darvas Box formed in a Pharma Stock (Swing setup for 5 to 6%)Cipla, the price is trading below the long-term group of ema's also we have a bearish cross of ema bands. The degree and nature of separation of both bands indicates price consolidation on these levels. So, we use Darvas Box to trade the instrument.
Short Trade Setup
The breakdown of 1145 will open the lower levels of 1080 which is about 5%
Also we have a confirmation from ema bands.
Long Trade Setup
The breakout of 1200 will open the levels of 1270 which is about 6%
But we need a confirmation from ema bands to trade the uptrend.
Hit the like button!! Show some energy!!
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. This material is only for educational purposes.
Thanks
Er. Simranjit Singh Virdi
CIPLA go longGo long if CIPLA if cross 1268.90
then take
Entry : 1268.95
Stop loss : 1210.95
Target: 1382.75
Take position with less QUANTITY because it's at high and risk is high
INTRADAY TRADE FOR TOMORROW If Stock opens Gap up or Gap down from the buy price please Avoid trade
DISCLAIMER:- I'm not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
Celebrating Success: Cipla Hits Target of 1250 from 1205 - Time I am excited to share some fantastic news regarding our investment in Cipla. We set a target of 1250 from our entry point of 1205, and I'm thrilled to inform you that we have successfully achieved this milestone. Our careful analysis and strategic approach have enabled us to capture this impressive move in the market.
Key Highlights:
Target Achieved: Cipla has surged from our initial entry point of 1205 to our target of 1250, showcasing a significant gain.
Strategic Insights: Our thorough analysis and prudent decision-making have played a crucial role in this achievement.
Market Dynamics: The pharma sector, driven by Cipla's strong performance, has contributed to our success in this endeavor.
Leveraging Bullish Momentum: Cipla's Breakout Opportunity
Introduction:
Cipla, a renowned pharmaceutical company, is currently experiencing a bullish momentum, fueled by positive developments such as the recent Blackstone news. This article explores the potential breakout scenario for Cipla, as it approaches the critical resistance level of 1205 and potentially aims for a further surge towards 1238 in the coming days.
Analysis:
1. Blackstone News Impact:
The recent news involving Blackstone's involvement in Cipla has injected a renewed sense of optimism among investors. The market's positive response to this development indicates growing confidence in Cipla's prospects, possibly pushing the stock to new heights.
2. Technical Breakout at 1205:
Cipla's stock has been gradually building momentum, and the 1205 resistance level holds the key to a significant breakout. If Cipla manages to breach this level, it could trigger a wave of buying interest, potentially leading to a substantial price increase.
3. Potential Move to 1238:
Once the 1205 resistance is conquered, the next target could be set at 1238. This level represents a potential psychological and technical milestone, where a successful breakthrough may attract further bullish sentiment and drive the stock's price upward.
4. Bullish Momentum Confirmation:
To validate the bullish momentum, investors can closely monitor key technical indicators such as Relative Strength Index (RSI), Moving Averages, and Volume patterns. Sustained positive readings across these indicators could signal a stronger case for Cipla's upward movement.
5. Caution and Risk Management:
While the bullish outlook is promising, investors should always exercise caution and implement effective risk management strategies. Market volatility, unforeseen developments, or external factors could influence the stock's performance, necessitating prudent decision-making.
Conclusion:
Cipla's recent bullish momentum, supported by the Blackstone news, presents an exciting breakout opportunity. As the stock eyes the 1205 resistance level and potentially aims for 1238, investors should remain vigilant, monitor technical indicators, and stay updated on market trends. The combination of positive developments and strategic analysis may pave the way for Cipla's continued upward trajectory.
CIPLA - Ichimoku BreakoutStock Name - Cipla Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1058
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
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CIPLA - Ichimoku Cloud BreakoutStock Name - CIPLA Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1025
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
CIPLA LTD ON SUPPORT ZONE FOR RETRACECIPLA LTD LATEST OBSERVATION
CMP @880 --> ON SUPPORT ZONE
EXPECTING RETRACEMENT TOWARDS 960-1000
THEN AGAIN FALL TOWARDS 700 LEVELS
{Views are only for Education purpose only.}
Cipla Near Crucial Support ZoneCipla is near crucial support zone on daily chart .
Entry:
We can go long on close of strong bullish candle near support zone .
Target:
We can keep the target 1 & target 2 near the next résistance zones as marked on chart.
Stoploss:
We can keep stoploss below the support zone .
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Buy CIPLA with a view of 1-2 weeksBuy Cipla for a target of 1000 for 1-2 weeks. RSI is about to cross 50 level showing good strength in Weekly chart.
Can buy a Call Option for June expiry. Keep SL as per your appetite.
CIPLATaking support near lower BB range and even pharma index is also taking support near lower range of BB. Some long may be initiated with SL of month low. As stocks move in favor position may be added.
Cipla - Negative BreakdownAn international giant from pharmaceutical sector engaged in the manufacturing and marketing of active pharmaceutical ingredients which have a wide network in India and international markets. Cipla along with other pharma stocks have a bitter experience this year and fell about more than 6 % so far . It is beleived that high raw material cost due to inflation is one of the majour cause for this fall .Cipla is nearer to its 52 week low zone. Broken the support zone at 1000 levels and negative breakdown happened.Now it is tending towards its next support zone of 830 - 780 levels with weak momentum. Reducing debt and increasing profit gives an absolute hope against its sharp fall. Have a strong support at 800 levels and expecting a blocade at this level .
Morning StarA morning star is a visual pattern made up of a tall black candlestick, a smaller black or white candlestick with a short body and long wicks, and a third tall white candlestick.
The middle candle of the morning star captures a moment of market indecision where the bears begin to give way to bulls. The third candle confirms the reversal and can mark a new uptrend.
Script = Cipla
Time Frame = 1 day
cipla near its weekly support after seeing a major correction Cipla is near its weekly support, a long can be initiated keeping a stop loss of 3-4% the targets that can be seen in the short term are of 950 and further targets of 1000, a good risk to reward trade can be initiated but make sure to trade at your own risk.
CIPLA TREND REVERSAL TRADEIf we see CIPLA a pharma sector company we can easily spot a trend reversal candle here.
Keeping sl of hammer can be a good bullish trade in upcoming days.
Also keep in mind pharma sector only gives movement when banks and other sectors are not well
your money your trade
WILL #CIPLA BOUNCE FROM CRUCIAL ZONE??Trade Wisely. We Can Just Predict.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
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CIPLA ✅ 859-878 Strong Support zone and Price show Good movement and now price on Support level.
✅ Wait on lower TF for a strong reversal and then look for entry.
✅ A good swing entry we can see.
Bullish Engulfing Pattern
A bullish engulfing pattern is a candlestick pattern that forms when a small black candlestick is followed the next day by a large white candlestick, the body of which completely overlaps or engulfs the body of the previous day’s candlestick.
Bullish engulfing patterns are more likely to signal reversals when they are preceded by four or more black candlesticks.
Investors should look not only to the two candlesticks which form the bullish engulfing pattern but also to the preceding candlesticks.
Script = Cipla
Time Frame = 15 min
Sun Pharma Swing TradeSun Pharma is near Support Zone on daily chart. It is Good Opportunity to take Swing Trade
Entry
We can go long on next candle open.
Target
We can keep target near the next resistance zone as marked on chart.
Stoploss
We can keep the stoploss below the support zone.
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Cipla Fibo retracementCipla has given closing near 37.8% and with good volume. I think we can see 1050 in coming sessions and then 1075/1100.
Looking very strong.
