Cipla looked like a bullish movement. Day & weakly closing was taken a strong resistance. So if the price was open above the previous closing price, it reached the price of 1037.75.
channel, box breakout. can wait for pullback for education purpose only
Cipla Monthly Chart, 408 - 365 earlier accumulation zone of 2013. Currently tradingin same range. If it suistain this level of 365, then target of 500 and 800 can be seen. If it breaks this level of 365 further more down side around 275 can be seen. Strict SL of 365 or 375 to be followed.
Best wait for tomorrow to see whether the stock moves further down. If it does, it seems best to short it!
CIPLA CHART IN 1D TF. ANALYSIS: RSI DIVERGENCE (BULLISH) Formed. Case-1: As per Technical Indicator if it breaks Trend Line Can go for Long above 432.55 and can see an upward Movement Case-2: If it breaks Support go or short below 419.2 and we can see downfall Movement.
CIPLA CHART IN 1D TF. Note: Orange Line-> Trend Line Black Line -> RSI Divergence Blue Line -> Channel ANALYSIS: RSI DIVERGENCE (BULLISH) Formed. Case-1: As per Technical Indicator if it breaks Trend Line Can go for Long above 432.55 and can see an upward Movement Case-2: If it breaks Support go or short below 419.2 and we can see downfall Movement.
Buy CIPLA 552.32 nearby Target 559.45 if cross this target then next target will 563 Stop loss 550.2
Buy CIPLA at 552 For the target of 578,615,633 with the Stop Loss of 544
Closure above 560 will make the chart bullish. Hope result will make the turn around possible.
cipla has broken trend line on weekly chart big candle channel is developed stock taken support on 200 ema buy this counter with sl of 570 on closing basis target 616 then 655 enjoy
It is been observed on the Weekly and Daily chart that the price action is breaking out from a downward channel as well as from pitchfork lines, indicating a further move up. Target: 600 Stoploss: 578
Cipla Daily Chart is interesting. Can you Analyze and predict what may happen? Clue lies on the left of the chart. Look at the Left. Previous setup gives an indication of what is going to happen however that does not mean that what has happened in past will repeat again. I want you guys to analyze and predict. This will enhance your skills and will give you...