CIPLA can give big breakout Watchout for Cipla , price is range bound currently in weekly chart. For Intraday it can move above 976.5 Level
Big breakout above 1005 Level.
Cipla
Cipla moving up!!The stock has given a breakoutwith high volume and is expected to move further. See charts for targets
CIPLA Longcipla share coming to it's support zone if it takes bounce from their it will give the best risk reward in upcoming days.
CIPLA at imp level for long termNSE:CIPLA
at price action support + dynamic support at 200dma
can add some stocks into long term portfolo+swing
Cipla - Buy only If close above 9201. Cipla is in long unwinding zone for last 4 week &
trading inside the channel
2. Above 50 EMA
3. Tested the support and bounced
4. Pharma Index also formed same pattern
5. Buy only If close above 920 & Expect 10% return
6. If closes below 50 EMA then expect 10% Correction
NSE:CIPLA LongNSE:CIPLA
#CIPLA Trading above the resistance level and post sustainability confirmation one may try 900 CE
All the levels marked on chart, Swing reversal levels also mentioned for safety.
Happy Trading !!
Can Cipla Make you money?Go long
Target 1) 947.10
Target 2) 968.28
Target 3) 978.78
When you see Cipla in 5year time frame you can see something interesting, Pharma and chemical stocks are in a bearish mood and they have fallen from their 52 week high dramatically, When you see Cipla in 5year time frame you can notice that its on the support level.
CIPLA - Swing TradeCIPLA - Swing Trade
Breakout after a long consolidation with good volumes.
Hold for targets :)
Range BO in CIPLA at support zoneRange BO in CIPLA at support zone , looks good for tgt of 1000+ with 1:2 RR setup.
CNXPHARMA : Sector AnalysisCNXPHARMA
looks like bottum out.
ready for 1000 points move.
My Bullish picks from Pharma sector:
1.Glenmark
2.Lalpathlab
3.Metropolis
4.Cipla
5.Lupin
'CIPLA' FOR INTRADAYBuy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade.
Cipla - Bottoming OutHolding previous Support Zone Strongly
May come down a little more
Good to add at lows near 880-885 area
View negated below 860
Simple Trade Setup | CIPLA | 26-10-2021 [ INTRADAY]NSE:CIPLA
All the levels and most of the trade setup still remains the same as per previous.
Trade Setup for Date 26-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
CIPLA (Day Chart)CIPLA (Day Chart)
1.It close just above 200 EMA that could be major support.
2.If Breakouts above 900 with good volume then 915 will be entry.
3.SL will be Pre day low or below 900 or as per your comfort.
!! Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. !!
Simple Trade Setup | CIPLA | 25-10-2021 [ INTRADAY]NSE:CIPLA
Observations:
1) On daily time, it close just above 200DMA.
Generally 200DMA works as major support.
If it gets support from 200DMA then we can see good bounce from this level.
It closed between two critical level which were working as major support in past.
Level 900 which was recent previous major support.
Level 880 is critical major support. If it goes down from CMP and gets support from 880 then on breakout of 900 level will be good safe buy for positional trade.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for Date 25-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
FALLING WEDGE IN CIPLA Falling Wedge
When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines are drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may breakout above the upper trend line.
The descending wedge pattern appears within an uptrend when price tends to consolidate, or trade-in a more sideways fashion. Connecting the lower highs and lower lows will reveal the slight downward slant to the wedge pattern before the price eventually rises, resulting in a falling wedge breakout to resume the larger uptrend.
cipla looks like bearish.it forms head and shoulder pattern-RSI is below 40
-RS strength is negative
-forming H&S pattern (at list it looks like that)
-volumes are dried
-weakness below 880rs level
Descending Triangle Pattern formation in CiplaDetailed analysis given on the chart related to this stock
NSE:CIPLA
💉💊 #Cipla 🎯NSE:CIPLA
Cipla share on support. One can trade for swing as per their trade setup.
******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on them. We are not SEBI registered.
CIPLA - Swing Trade AnalysisCIPLA swing analysis
In above chart we have used1 5 min time frame.
Traders can go for swing trade for this one .
See the movement and Go long or Short after proper breakout and break down
Please put proper stop loss
*We are not SEBI registered
This is only for educational purpose.
Please consult your advisor before making any trade or investment
