A good Swing trade to consider, shoot any doubts if you have.
#cipla #ciplalong Cipla may give good R:R trde. Disclaimer:- This is not financial advice.
1. Good to buy above 977, Targets- 1493,1500, SL-1480 2. Sell below 970, Targets - 962, 955, SL- 976 3. void if opens big gap up or gap down
CIPLA Trading @ all time high... resistance broken... can go long @ cmp
- Price near 44 MA - 44MA rising - Buying Opportunity with confidence Note: I am just trader like you, not god or any registered stock advisor. So I request before taking any position according to my view discuss with your financial planner or take on own responsibility. Thanks #CIPLA #LONG #BUY #INTRADAY
All the levels marked in chart , and seems bullish as it has broken the trendline also .
Buy Cipla baove 925 TGT 975-1000 SL 905 . Very bullish candles seen at resistance level with good volume. This is for your educational purpose only.
The very first pattern you see on the chart is a flag pattern which has given a breakout (I usually wait for last kiss). You can see a 38% fibo rejection at 873 levels which also acts as a support which previously acted as a resistance. Lastly, you can see a breakout from the upper range of RSI i.e, 60 which can be another confirmation for an up move. Sl could be...
HELLO FRIEND, HERE IS CIPLA BUY SET UP AS PER GANN THEORY BUY CIPLA ABOVE 206 SPOT LEVEL WITH SL OF 868 CLOSING BASIS FOR THE TARGET OF 965. HAPPY TRADING.
Can go long if closing above 923 - Length of old channel is around 475 rs. Next long term target may be in 6-9 mnths should be around 1300-1400. It has sustained above the channel for 2 months; and analysis is backed by blockbuster results posted this quarter. SL - Weekly closing below 730
My fav symmetrical triangle breakout ... upper trendline been tested many times and is clean meaning no gap ups above the line and coming down back into the zone of triangle .... a closing above the line on 15m or u can watch for a good risk at 5 min too depends on your RR ratio and RM system. Take the trade as per Happy trading :)
CIPLA daily demand zone trade setup marked on charts. Hope price will test that zone again and fill pending orders(only possible if still buy orders are pending on this zone) this time and price will bounce back again.
Cipla Futures Can buy LTP: 886.80 Support: 880.05 Resistance: 903.45