Cipla is sitting @978.40. I will be bullish once Resistance was taken out. If 980.35 was taken out then definetely will coming target soon. Target 1: 1001.40 Target 2: 1019.65 Target 3: 1036.50
Cipla has been trading in a range from 22/03/22. The volume seems to drop and the range is a accumulation zone. On daily time frame, the price is around its 20 ema look for the break out and once the levels are broken the stock can give a good move on either side. Support :- 1005,987 Resistance :- 1045, 1068 The stock can be added for a swing trade and intraday...
Bearish View Recommended to take only trade if levels break else Only watch it
NSE:SUNPHARMA #NSE:SUNPHARMA trading bullish @ 2015 resistance level, last month tried to BO, and retraced for a month, now again trying for BO with good volumes. All potential levels marked on chart for LEarning. Sharing the potential levels daily like this, If you like the analysis, hit the like. Happy LEarning.
Cipla after breakout is consolidating in a narrow range. The stock looks bullish to me but can break down due to the volatility in the market. Support :- 1036, 1008 Resistance :- 1080. The stock can form a double top pattern or might touch new ATH.
check out the levels which indicate that where to buy and sell
NSE:CIPLA #NSE:CIPLA levels shared on 8th with levels marked, just done minimal retracement & CIPLA blasted with high volumes post BrekingOut key level, Classic example of Pure Price action BO. Felt happy by seeing all the traders profits, Kindly don’t forget to maintain Strict SL while entering this type of trades. Attaching previous chart shared. Happy LEarning.
NSE:CIPLA #NSE:CIPLA trading bullish near to resistance, showing bullish up swing trending momentum in stock. Potential levels marked on chart. Happy LEarning👍
Stock is has formed a bullish flag pattern on weekly chart being the support region near 850 zone & resistance area at 1000 zone. Any sustained move above the level of 1000 will lead the stock to the new highs in a very sharp upside rally. Stock is consolidating from last 1 year , so the momentum after the breakout wil be strong. Trading strategy: Buy above...
NSE:CIPLA Observations: 1) On 15min chart, we can see acending trianlge pattern. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for 07-03-2022 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...
After testing the support levels, CIPLA re-bounced and now on its way to reach 950 - 960 soon SL should be 865
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)...
Cipla It is taking support on previous support zone on 1day(daily) basis. It closes with big green candle and volume is also high. We may expect bullish movement in coming days.
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.
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 )
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
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...