Cipla Ltd. (CIPL) @breakout level
Strong breakout with volume break out and momentum created in day chart.
breakout for long. so strong upside are coming.
BUY above 1052
NEXT TARGET 1067.40,1092.40,1110.3
Time to go for long, get ready to catch the profit. Thank you.
Cipla has been consolidating in a narrow range and is near a break out of trend line.
The stock is forming a inverted head and shoulder pattern on higher time frame (4 hour).
The moving averages are close and stock has been taking support from its 200 ema.
Support :- 963, 941
Resistance :- 988, 1008
There can be a moving averages bullish cross over.
Wait for...
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...
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.
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...
Keep ! What do you want ed traders?
Profits!
That's only
940 fib ret and resistance now support
940-946 sup to demand
Goodluck
This is reference only
Pharma sector will be new high!
NSE:CIPLA
Observations:
1) On daily time, it close just above 200DMA.
Generally 200DMA works as major support.
If it gets support from 200DMA then we can see good bounce from this level.
It closed between two critical level which were working as major support in past.
Level 900 which was recent previous major support.
Level 880 is critical major...
EXPLANATION : This is a 4 hour time frame chart of CIPLA . It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on CIPLA . Demand zone marked in chart we Plan to short below this zone price closing .
If you like this analysis...
NSE:CIPLA
Trade Setup for Date 15-09-2021:
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 chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer...
NSE:CIPLA
Observations:
1)On 15time frame, it has been consolidating in between 946-956 level range since 06-09-2021.
Breakout on either side will give good move.
Please refer below chart : 15 time frame.
-------------------------------------
Trade Setup for Date 08-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get...
CIPLA ke baat kre to 200 EMA support liya hua hai aur market up jane ke liye ready ho rhai hai , hmm to bole ge ki jab market 960 ko brack kre to buy kre ge aur 200 EMa ko bara support dikjeye to buy kr lena chiye aut fist 960 t1 bana chiye ok
NSE:CIPLA
Chart and levels are easy to understand trade setup for 05-08-2021.
Do comment your doubt or suggestion.
My personal view is bullish on CIPLA.
=> Resistance 947
=> Support 908
*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
NSE:CIPLA
Today it was trading in the no trading zone.
It is now simple to take trade on either side of break.
My personal view is bullish on CIPLA.
Comment your doubt or suggestion.
![CIPLA: Simple Trade Setup | CIPLA | 25-10-2021 [ INTRADAY]](https://s3.tradingview.com/t/tUqPAkzn_mid.png "Simple Trade Setup | CIPLA | 25-10-2021 [ INTRADAY]")
