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Ciplastudy

Cipla - triple bottom patternCipla has formed a triple bottom pattern on the daily chart, suggesting a potential bullish reversal. The stock has been consolidating near its key support level, indicating accumulation by buyers. Increased trading volume highlights growing buying interest and supports the possibility of continued bullish momentum. The technical indicators also align with this outlook. The RSI is trending upwards at 43.59, signaling improving strength, while the Stochastic RSI has shown a positive crossover, further confirming the potential for an upward move. A breakout above Rs 1,460 could trigger a rally toward the immediate targets of Rs 1,550 and Rs 1,580. On the downside, the support at Rs 1,430 provides a favourable buying opportunity for investors. Strategy: Buy Target: Rs 1,550, Rs 1,580 Stop-Loss: Rs 1,400
NSE:CIPLALong
by CyborgTradingHub
NSE CIPLA: Price Action AnalysisCipla has formed a downtrend channel for two months. Prices are moving below 200 EMA , which indicates a bearish atmosphere. We can see a downtrend channel on the 4-hou r timeframe chart. Currently, the price has taken support at the lower band of the parallel channel. It has made a range at 938. If the price sustains above 938 , It can touch the upper band of the parallel channel. Price will make a new low after the breakdown of the parallel channel with heavy supply pressure. I will Update further information.
NSE:CIPLA
by forextidings
1
Cipla forming a pattern on higher time frame.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 the price action near the levels and enter the trade with confirmation. It can be a swing if a daily candle closes above the trend line.
NSE:CIPLA
by TheMamboMomentum
Simple Trade Setup | CIPLA | 07-03-2022 [INTRADAY]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 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. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:CIPLA
by Trading_hawk
CiplaCipla, 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 possibly over and wave III of 3 may now unfold. One can go long at current levels or in dips (if any) with stop loss of recent swing low of 847. fake break-down and again pull back seen all the key levels are mentioned on chart weekly wave structure looking good macd in daily positive and uptick Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:CIPLALong
by RK_Chaarts
2
Simple Trade Setup | CIPLA | 26-10-2021 [ INTRADAY]NSE:CIPLA All the levels and most of the trade setup still remains the same as per previous. Trade Setup for Date 26-10-2021: 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. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:CIPLA
by Trading_hawk
Simple Trade Setup | CIPLA | 25-10-2021 [ INTRADAY]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 support. If it goes down from CMP and gets support from 880 then on breakout of 900 level will be good safe buy for positional trade. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date 25-10-2021: 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. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:CIPLA
by Trading_hawk
Simple Trade Setup | CIPLA | 15-09-2021NSE: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 below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL.
NSE:CIPLA
by Trading_hawk
CIPLACipla, this stock tested weekly lower bollinger band and bounced back sharply recently, also positive crossover has done in the weekly oscillator stochastic indicator. the wave structure suggests that it is in a larger degree wave 3 which is getting subdivided. within wave 3, the stock has completed wave I and II and it is currently in wave III of 3, as wave III unfolds , the stock can posiibly rise higher towards 1120. one can go long at these levels or in dips ( if any ) with stoploss of last swing low 886. Wave structure key levels are mentioned on chart weekly stochastic turned positive weekly rsi uptick near 60 bollinger and price action in weekly bollinger and price action in daily Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing
NSE:CIPLALong
by RK_Chaarts