CIPLA - Swing TradeCIPLA - Swing Trade
Breakout after a long consolidation with good volumes.
Hold for targets :)
CIPLA trade ideas
Range BO in CIPLA at support zoneRange BO in CIPLA at support zone , looks good for tgt of 1000+ with 1:2 RR setup.
cipla - weeklytaking support at 890
resistance at 1000
will it take support ?
Educational purpose only.
This is not a recommendation -
I am not SEBI registered - Do not TRADE/INVEST basis what I publish here.
Inspired by - Trading Mirror telugu
Breakout stock Cipla Kiss Principle(keep it simple and Straight)Cipla is simply Trading Short term within the Box Pattern.
Falling line will be decisive factore along with the Mid line of bod for Buy and sell entry
Buy above 918 TGTS will be 938/960/1000 in shortterm
sell move will be depended on falling line,mid and upper line of the BOX
As i always recommend flow with the Market be a Bullear all linear lines and pattern lines can be entry level or Exit Levels
good buy cipla at cmp for targets as mentionedbuy cipla at/near cmp 953
tgts 973/984/999
@sl own risk
positional
'CIPLA' FOR INTRADAYBuy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade.
Cipla - Bottoming OutHolding previous Support Zone Strongly
May come down a little more
Good to add at lows near 880-885 area
View negated below 860
A Nice Channel Pattern.Lets observe what happens.Observation needed. Is there a possibility of a breakdown?
Well, we have to wait and decide in the coming trading days.
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.
CIPLA (Day Chart)CIPLA (Day Chart)
1.It close just above 200 EMA that could be major support.
2.If Breakouts above 900 with good volume then 915 will be entry.
3.SL will be Pre day low or below 900 or as per your comfort.
!! Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. !!
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.
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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.
FALLING WEDGE IN CIPLA Falling Wedge
When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines are drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may breakout above the upper trend line.
The descending wedge pattern appears within an uptrend when price tends to consolidate, or trade-in a more sideways fashion. Connecting the lower highs and lower lows will reveal the slight downward slant to the wedge pattern before the price eventually rises, resulting in a falling wedge breakout to resume the larger uptrend.
#CIPLA - Down no more#CIPLA - #CIPLA - Just long as can hold on to 869, could be headed towards 955 and 1000.
CIPLA Nearing support Long opportunityCipla is near to the support and trendline. We can go for long at 885 levels.
#Cipla next updated harmonic#Cipla next updated harmonic
CMP -905.90
PRZ -894.85-876.15
SL - 868
Date - 20-October-2021
cipla looks like bearish.it forms head and shoulder pattern-RSI is below 40
-RS strength is negative
-forming H&S pattern (at list it looks like that)
-volumes are dried
-weakness below 880rs level
Accumulation phase in a rectangular box The stock is under accumulation for the past few months.The chart is self explanatory.Read the details given in the chart for a thorough knowledge.
Option sellers can use this script by doing strangle or straddle with break-even falling between 885-999 preferably.
This post is for educational purpose only.
Descending Triangle Pattern formation in CiplaDetailed analysis given on the chart related to this stock
NSE:CIPLA
