CIPLA trade ideas
CIPLA IS FACING RESISTANCE AT CURRENT LEVEL.BUY AT SUPPORT LEVEL 946. OUR TARGET IS 20 RUPEES & SL IS 10 RUPEES THEREFORE, RR RATIO IS 1:2 .
CIPLA looks bullish after a pullbackCIPLA moving bullish with support and resistance level as marked on chart. Now it has reached to support trend line which is also a support area zone around 955. It has become a area of high confluence and expected to take support again.
watch the move, buy above 963.5.
cipla buy or sellcipla buy above 980 t1=984 t2=989 t3=997.05
cipla sell below 968 t1=962 t2=957.45 t3=951.85
Ascending Triangle & Cup n Handle form in CiplaAscending Triangle & Cup n Handle form in Cipla.
Breakout done but rejected today ..
Wait for tomorrow rally .
Buy above trend line
Cipla swing trade Idea#Cipla
Entry = 959
sl = 943 (HCLB)
Target = 988
Disclaimer:- This is my personal trade, not a buy-sell recommendation.
Cipla Swing tradeCipla: Positional and Swing pick!!!
Method: Top-down approach
The uptrend on the monthly time frame,
Upside channel breakout on weekly time,
Symmetrical triangle pattern on the daily time frame
Enter if price closes above triangle pattern confirmed by good volume
Remember the rule: Trade what's happening...not what you think is gonna happen
Risk management:
CMP= 957
Enter at 970
Stop loss at 945
Target -1025 / 1050
Risk only 2% of your capital
Risk: reward = 1:2.2
Psychology
Note= Trade with probabilistic mindset no matter how much analysis you do there is always 50-50% chance
Our main objective is to '' Cut your losses short and let your profits run.''
Remember to be profitable you don’t have to be right every time,
you just have to be right big and wrong small.
CIPLA "Udega" Trade || Daily Time FrameA good Swing trade to consider, shoot any doubts if you have.
CIPLA Breakout and backtesting (retest) can be seen on weekly timeframe in CIPLA. Can be a good positional pick at around 814-820 zone, for the target of 900 and upper levels. Beware of news as this view of mine is purely based on technicals and breakout lvls.
Cipla on selling sideHello guys i had find this swing setup in 1D timeframe which made double top and also broken trendline with broken market structure we can short from here with above swing high sl and 1:2 RR tg also plzz do your own analysis before any trade also if you like my analysis plzz like share and follow thank you
Symmetrical triangle pattern in CIPLASymmetrical triangle pattern formed on Daily chart wait to break triangle then take entry
