cipla making cup and handel pattern chance to go up tommorowchance to go up with cup and handel pattern good to go with cipla tommorow
CIPLA trade ideas
Cilpa Analysis | Weekly ViewCipla is sitting @978.40.
I will be bullish once Resistance was taken out.
If 980.35 was taken out then definetely will coming target soon.
Target 1: 1001.40
Target 2: 1019.65
Target 3: 1036.50
CIPLA LTD | LONG CONSOLIDATION BREAKOUT CIPLA LTD has been trying to break out the 1000 level but has finally given a beautiful breakout above the 1000 level.
The Target price according to the channel low is 1150 but I would suggest here to follow super trend lower band, as I believe that super trend performs well in trending chart patterns.
Buy Cipla if it gives a Fake BreakoutCipla was in a good sideways range and the broke above with momentum. Price then retraced towards the breakout area in a good consolidation and now broke below the consolidation. There is a good opportunity of a bullish trade if price gets back into the above consolidation, thus forming a fake break out.
I would suggest to enter only if 1 Day candle closes inside the prior consolidation (above 1016).
CIPLAStock is hovering above resistance zone since 1 month after breakout from the range. Stock may start upward movement at any time soon. Buy above 1030, SL 980, TGT 1100+. For educational purpose only. Kindly contact your financial advisor before entering any trade.
CIPLA Range/Channel BONSE:CIPLA
#NSE:CIPLA trading in a range and give good BO,
Post Sustainability, high chances for momentum.
Happy LEarning !!
Cipla trading in a narrow range.Cipla has been trading in a range from 22/03/22.
The volume seems to drop and the range is a accumulation zone.
On daily time frame, the price is around its 20 ema look for the break out and once the levels are broken the stock can give a good move on either side.
Support :- 1005,987
Resistance :- 1045, 1068
The stock can be added for a swing trade and intraday traders enter once an hourly candle closes out of the range.
Cipla ltd analysis | next week viewBearish View
Recommended to take only trade if levels break
else
Only watch it
CIplaBreakout and consolidation near previous resistance.
Can go near previous high, risk reward is very favourable.
Cipla @ 1012 target 975 Cipla is facing shorts buildup near its recent highs of 1040 to 1080 levels hence can be shorted for target 975
Cipla short term tradeTrade enter based on this ideas
Overall it was a up trend.
Now it was in retracement and also market trading in sideways.
trading between 4Hr resistance and 4Hr support.
in lower tf. market trading near the higher tf support. when market broke the lower tf resistance based on higher tf support. then looks to enter the trade.
Trade stratergy:
1. sideways trading
2. trend line resistance.
3. higher tf support + lower tf resistance
cipla - buy on dipsBuy from cmp to 1024
tg1 - 1044
tg2 - 1054
tg3 - 1080
Disclaimer : This is my personal analysis for study purpose not intended for trading
CIPLA LONG OPPORTUNITYCIPLA broken short term trend line ( hourly- Double bottom also there) . If the price sustained above 1055 level with good volume will give long entry opportunity( Pharma index showing bullish momentum) . Happy learning with Swing Trade Academy . If you like the content share with your friends and groups.
#Cipla cash : Looks good above 1030 and support at 1000#Cipla cash -Positional call
04.04.2022
Looks good above 1030.10
stoploss 995
Target 1095-1100/1140
Cmp 1028
Bull Bull Bull !!!Cipla on 🔥. Look at the strong breakout, full of green .
And the stock retraced on 20 Ema ..now ready to launch.
MACD also + side.
Look the chart for more detail.
This is only for educational purpose.
CIPLA : PULLBACK STRATEGYAfter Range Breakout , stock retrace - Ideal time for Entry
TGT - 1150 & 1300+(Positional)
SL - 950
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.
CIPLA, trading idea for 12-15%Cipla has given the breakout approx 1 year of consolidation within the range of 870-1000 and now it is looking very bullish, you can make your position for the short-term profit of 12-15%
CIPLA Flag BO and retest - Good short term long opportunityFlag Break out of almost a year long consolidation
and now today it has retested the breakout...
one may go long with StopLoss of today's low
Targets : 1st target can be flag length
2nd target can be the length of the pole as shown on chart above.
Plan your Trade ! Trade your Plan !
Happy Trading !!!
[30% profit] cipla share technical analysisOne can see a messive Cipla share Breakout base on since April 2021 Cipla share is in a consolidation with the range of 100 to 880. But as now Cipla share have breakout of that consolidation mode so as per the Cipla stock technical analysis we can aspect to move Cipla stock target price for 20 to 30% in upcoming time future.
cipla share price target for tomorrow is 1181, 1270, 1400 as per the cipla stock analysis.
