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Ciplaanalysis

Cipla - triple bottom patternCipla has formed a triple bottom pattern on the daily chart, suggesting a potential bullish reversal. The stock has been consolidating near its key support level, indicating accumulation by buyers. Increased trading volume highlights growing buying interest and supports the possibility of continued bullish momentum. The technical indicators also align with this outlook. The RSI is trending upwards at 43.59, signaling improving strength, while the Stochastic RSI has shown a positive crossover, further confirming the potential for an upward move. A breakout above Rs 1,460 could trigger a rally toward the immediate targets of Rs 1,550 and Rs 1,580. On the downside, the support at Rs 1,430 provides a favourable buying opportunity for investors. Strategy: Buy Target: Rs 1,550, Rs 1,580 Stop-Loss: Rs 1,400
NSE:CIPLALong
by CyborgTradingHub
CIPLA BULLISH VIEWCIPLA Now is the right time to invest in cipla Cipla is ready to break out the resistance trend line Volumes are also good my first target@1540 Second target@1660 Stop loss@1317 Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. Cipla Ltd. engages in the manufacture and distribution of healthcare products and bulk drugs. It operates through the following segments: Pharmaceuticals and New Ventures. The Pharmaceuticals segment develops, manufactures, sells and distributes generic or branded generic medicines as well as active pharmaceutical ingredients. The New Ventures segment includes the operations of the two wholly owned subsidiaries, Cipla Health Ltd., a consumer healthcare company and Cipla BioTec Pvt. Ltd, which is into the business of Biosimilars. The company was founded by Khwaja Abdul Hamied in 1935 and is headquartered in Mumbai, India. so please keep CIPLA in your watchlist for long term investment. If yoU like my view, do support it with a boost witch is valuable inspiration for me to post ideas like this in future. thank you friends!
NSE:CIPLALong
by Ashokdyavan123
Cipla - Stuck in parallel zone , Anticipating break out Posted for educational purpose. Weekly chart of Cipla. It’s stuck in parallel supply and demand zone range for past 6 weeks. Last spike is result day reaction. As the latest quarterly results posted on Friday ( 12th May ) looks to be good and may potentially trigger break out from this range. Current price is 937.5 Stop loss of 930 ( < 1 % ) 1st target 955 - 960 ( ~2% ) and if it sustains the potentially reach 996 - 1000 ( 6% ) as next target.
NSE:CIPLALong
by JKP_Trader
1
CIPLA INTRADAY STOCK TRADING PROFITKINDLY SWITCH TO 5MIN TIME-FRAME Used past analysis to find support and resistance level on 15min time frame. Once marked, waited for breakout or breakdown. As Cipla breakout, ON 5min Time-frame. A fake breakout green candle formed. And hence reversed back. Again breakout on 5min Time-frame, then waited for pullback back. A Hammer candle formed at 10:25. As price break that candle, I took my trade with SL at blue Line. Hence profit booked. What if didn't go my way? Simple take my stop-loss. Because we can increase chances of profit by some analysis. But no analysis is 100% perfect. Just obey stop-loss or Take profit. You will be profitable.
NSE:CIPLALong
by SardarGMarkerTrader
NSE CIPLA: Price Action AnalysisCipla has formed a downtrend channel for two months. Prices are moving below 200 EMA , which indicates a bearish atmosphere. We can see a downtrend channel on the 4-hou r timeframe chart. Currently, the price has taken support at the lower band of the parallel channel. It has made a range at 938. If the price sustains above 938 , It can touch the upper band of the parallel channel. Price will make a new low after the breakdown of the parallel channel with heavy supply pressure. I will Update further information.
NSE:CIPLA
by forextidings
1