Break of 637 should give us 615 - 610
Cipla may give breakout anytime sooner. Keep on radar. It can be long as per levels on chart.
Cipla for 653 intraday for tommorow
Sell once price breakout and enter again in channel with SL Breakout High. For Target around 610.
Cipla can be traded as per levels shown in the chart.
Looks like Cipla has formed a bearish cypher pattern. Expecting downside to atleast 550-560 Lvl.
i would probably like to go long in the counter and still feel that a some sort of strength still left in the script ... keeping in mind that a tough tough resistance at range of 685 - 695 is diificult to break! sl 637 - 640 tgt 685, 695, 734 +++
Based on my PredictiveSystem's signals, its going to be a RED candle on 16-May-2018 for CIPLA Sell Below: 574.4 for targets - T1: 570.1 T2: 567.5 T3: 564.8 SL: 579 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting...
NSE:CIPLA printed a very nice bullish pinbar and closed around its support of 550.. i will go long tomorrow around 550 with stop loss 540 target 575
cipla currently looks good at current level , my level sl 580-577 target 598 605++
Long Cipla at CMP for target of 745.. details inweekly chart wth likely projections..
CIPLA has been respecting the neckline for couple of months now. Spending most of its time on the upperside.Currently back on the neckline frmo down under, awaiting a breakout or reversal.
When 1st Target Achieved Book 60% Quantity. And Trail Your SL to Entry Price. No Technique Can make money for you, if you don't follow disciplinary principals. Risk Management & Position sizing is must before entering any trade.
CIPLA is moving in an up channel, and folowing the green sup/res levels. It recently moved back into the original channel, forming a double top after long. currently in breakout/reversal zone.