Long Cipla after the BO of TL above 821 TGT 855 SL 805 .This is for your educational ideas.
NSE:CIPLA as of now it has taken support. one can go long as per their trade setup, it might come again to same reversal zone and then if find reversal again one can go long from there as per their trade setup. ******whatever charts or levels sharing here are just for educational purpose only not a...
Cipla Test 800 more then 4-5 Time With Strong Support We Can Short Below 795 Target As Mention In Chart This is Educational Purpose Only
Cipla Breakout A good Downside Trendline on 15 Min Chart For Upside Move Can Long On 850 Above Traget As Mention Qty Strickly Follow As Per RISK Management
CIPLA which was travelling within a parallel channel had just broken out and closed higher for the day. Going long from here, one can hold for the target of 940 ranges. If anyone missed this break out, not to bother - can wait for a retest & reversal around 850 to 845 ranges and enter there. SL for this breakout shall be below 834
Note: This is for educational purpose only. There seems to be a pullback post breakout in CIPLA. Pullback was on back of lower volumes which indicates lower selling pressure. RSI above 60 indicates bullish momentum.
We could see 15-18% up move in a month's time.
Considering the volatility, prefer options for day trading nowdays. This recommendation is only for 29th dec.
I will look at buying CIPLA because : It is at the resistance and that resistance may act as support . If it does not break resistance look at shorting Entry : 830 Target : 945 Stop loss : 793
Long lupin above the resist area BO @ level 982 for the target price of 1050 with the SL 950. Risk to reward is 5:5 . Very good trade. All TFS are bullish. This is for your educational purpose only.
Date 26 Dec 2020 Cipla (CMP: 833.20) Cipla has made a flag pattern on a weekly basis. The stock can show an upside surge in the next 1 year giving a return of 56%. Target Price: 1,300. Target duration: October 2021
Balkrishna Industries & Cipla in my long term holding list. For Positional Traders Cipla Buy At Cmp 770 Strict SL - 670 (Day Closing Basis) Target - 1050/1100/1150 And in posted chart this is short term swing trade - Buy cipla at cmp 770 with SL of 729 Target - 840/855/870
CIPLA - Strong close in Weekly/Daily & Hourly basis with strong supporting volume Trade accordingly with strict sl on clbs
Click on charts for more info
PLEASE CLICK THE IDEA TO SEE REASON FOR BUY SIDE SUGGESTION IN SCRIPT disclaimer - buy @ own risk.