cipla all major resistance and support are given according fibonacci and entry stoploss and target are given.
CIPLA trade ideas
Cipla 28th may 2021marked support point.
marked resistance level.
wait for price to touch resistance level.
confirm whether the breakout is FAKE or REAL.
according to thattake long or short position.
Cipla - Ascending triangle in 30min TF1. Cipla is taking support near the resistance turned support zone
2. Entry levels for both long and short are mentioned in the chart
3. Target and stop loss as per your risk appetite
To motivate me, give a like and show your support. Thank you!
Please stay safe. Happy Trading!
CIPLA FOR 26 MAY 2021i hope you guys enjoy all my ideas and i hope you all learn and earn money form it
note : when you buy or short any of the script so please consult to your financial advisor and
all the levels are on the charts dont jump the levels so plz if you want to enter at our price so enter only at our levels
CIPLA Near Strong Support Zone - More chance for upward moveBuy Above 888 - Next target is 901 (Daily Resistance)
* Purple - Monthly Resistance/Support
* Orange - Weekly Resistance/Support
* Maroon - Daily Resistance/Support
1. Right night price is at Strong Support Zone - Price is getting rejected at this level and you can expect a possible up move
2. First time it came near this support so chances are high it will reject and move upwards
**** Educational Purpose only****
Thanks
CIPLA Looks strong, high possibility of targeting 1087 to 124023-May-21
Pro's
Looks Strong, and has broken out above the 52w all time high (ATH)
Sustaining above 881 has high potential for 1087 & 1240. Time Frame 6-12 weeks
Cons:
F&O Stock, likely slow mover
Cipla, Pole and FlagCipla is forming a pole and flag pattern, with the price action during the last two months. A breakout from the upper end of the flag can be traded for a small target of the 52 Week high at 966 and second target with the fibonacci pivot if the trader feels comfortable. The SL can be set at 900.
Note: Please do not follow my idea blindly, analyze yourself as well. I just share my idea so that people can build upon the same. The idea I share is open to healthy criticism and feedback :)
CIPLA: The Bullish Trend.NSE:CIPLA has shown the bullish trend, with key target levels mentioned in the chart above.
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
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 in strong buying zone All the levels marked in chart , and seems bullish as it has broken the trendline also .
Cipla Share on Bullish trend Buy Cipla baove 925 TGT 975-1000 SL 905 . Very bullish candles seen at resistance level with good volume. This is for your educational purpose only.
Positional Analysis for CiplaThe very first pattern you see on the chart is a flag pattern which has given a breakout (I usually wait for last kiss).
You can see a 38% fibo rejection at 873 levels which also acts as a support which previously acted as a resistance.
Lastly, you can see a breakout from the upper range of RSI i.e, 60 which can be another confirmation for an up move.
Sl could be the low of the breakout candle.
Target will be minimum 1:2
Note: this is my own analysis and not a buy or sell call, before taking any trade consult with your financial advisor.
Happy trading.
CIPLA -Flag Pattern Flag Pattern basically in simple language a figuratively a pole and flag - drawn on the chart
How does a flag pattern matters in trading? Flag patterns signify trend reversals or breakouts after a period of consolidation. So the important point to note here is CIPLA would be out of consolidation either will fall or rise from here.
Usually, the break out or reversal sync up with some news or event, interestingly CIPLA posted decent quarterly results, though doesn't beat the estimates but quite good.
So if we try to check all the items from the flag pattern checklist
Pattern visible - Yes
Volume increase near breakout - Yes
News on the horizon - Yes
trendline breakout using GAP UP - yes
Bullish candle - higher high , lower low - but red candle
How to Trade it
due to the last checklist item bullish candle - safer approach of buying above high can be taken. Just in case if the breakout is fake will save from losses
Entry, Target marked on the chart
Can use 20 DMA as trailing stop loss
Trade Safe
CIPLA RANGE BREAKOUT🟠 CIPLA 🟠 (1D)
The stock has closed near to It's breakout level for the range with a good 2 bullish candles engulfing much of the previous weeks price action 👀
930 is a sentimental level for the stock and we can see a good price breakout scenario if it sustains above this level after breakout in tomorrow's session 👍🏻📈💫
CIPLACipla is moving as per my analysis and waiting to the target to be hi it is near first target. It can move more then 1000. So stay tuned. Iam not using any indicator but using the price action and trend analysis if you like the post please like the page
CIPLA BUY SET UP HELLO FRIEND,
HERE IS CIPLA BUY SET UP AS PER GANN THEORY BUY CIPLA ABOVE 206 SPOT LEVEL WITH SL OF 868 CLOSING BASIS FOR THE TARGET OF 965.
HAPPY TRADING.
