Cipla swing trade Idea#Cipla
Entry = 959
sl = 943 (HCLB)
Target = 988
Disclaimer:- This is my personal trade, not a buy-sell recommendation.
Ciplalong
BUY : CIPLA : LONG : INTRA DAY - 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
CIPLA - 20 YEAR CHANNEL BREAKOUT20 year Channel breakout with high volumes for Cipla.. Next long term target should be 1300-1400. considering it is a manufacturer of covid drug Remdesivir, it should not take long to reach the taret. :)
NO SL required!!
Cipla Breakout Trade For 17-02-2021 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 - Pullback TradingNote: 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.
Super Bullish - Closed just below ATH !!Price after breaking the triangle pattern reached the target and on the last trading session it just closed below the All time high levels, as the price is looking super bullish there is a big opportunity for a short time hike as seen in other pharma stocks.
If trades above ATH then go for scalping trade or go with tight stoploss. . .
Price is looking super bullish and because of this the Double top option is fading away !!!
LONG CIPLALong Cipla near 710 SL below 700
Targets 732/748
Risk:Reward ratio is good. And Cipla is trading near good demand zone.
