Cipla is Looking strong for a Swing trade good Volume Long Buildup
NSE:CIPLA Observations: 1) On 1 day time frame, We can see that it made double bottom pattern and now it is near the neck line of it. But today it made Doji candle with closing below this neckline. If tomorrow or in coming days it gives the breakout of either side then we can see the momentum on that side. Please refer below chart : 1day Time Frame. 2)...
CUP AND HANDLE formation in CIPLA. We can go long above 200EMA by keeping sl just below the breakout candle or HIGH VOLUME AREA. Targets are mentioned in chart itself.
Hello Friends, Here is CIPLA Trade set up for the tgt of 980 to 990 entry near 921 with stoploss near 900 closing 1 hour candle basis its Risk Reward is 1:3.5 . Thank you, Happy Trading.
Cipla longterm view , my views are Educational puposes only
Intraday pick for Tomorrow - 05-01-2022 Stock name : CIPLA Time frame : 15 minutes Wait for proper breakout and retest for entry. For more trading content follow us on ( @tradechefofficial )
All Levels mentioned on Chart your part is to manage risks wisely as you are responsible for your understandings
NSE:CIPLA cipla is a very good fundamental company, stock is supporting the trend line, and in a shorter time frame, it is making rounding bottom. one can add this stock for the short time period for the target of 997.
Cipla is making a falling wedge or descending traingle pattern. Either way we will wait for the breakout or breakdown. We are looking for buying setup but only when we get good breakout with good volume. Target would be 942
Intraday Levels for Cipla , Next Probably movement of cipla this is only for educational purpose.
Cipla, this stock has witnessed long consolidation in wave II and it closed below 50WEMA for a brief while, and also closed below good support level, and then stock has witnessed sharp pullback, fortunately, we can say that it was fake break down. In terms of wave counts, the stock is in circle wave 3, within that it is further getting subdivided. wave II of 3 is...
As we can see in the above chart, CIPLA is rising for the past few weeks, and it might be up to the Daily Supply Zone. It will come down, and even though the Demand Zone is of 75 Minutes, it has the support of the 20 EMA also, which makes sure that the price might take support there. Also, the 8 EMA is above the 20 EMA, showing the chances of the price to retreat...
CIPLA important levels for long term investment Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
If you find the post intresting and helpful please like the post and do give me a follow for future trades on stocks & indices. Hello traders, the last trades are performing well Jswsteel made a high of 692 after the breakout but the targets are bigger and we are waiting for naukri to confirm support from trendline. Now Cipla is following its channel type...
short below 875 in Intraday For stoploss in Intraday use 5 minute chart and see nearest resistance. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapdown or bd before...
if cipla comes in the demand zone its very good opportunity to go long. this is very good demand zone on basis of option chain & put call ratio is very high. if you want zones of your stock please comment.
CIPLA is in multiple consolidation zone from monthly/weekly and now the stock is also in daily consolidation zone and above 902 level then target 915 is achievable.