CIPLA trade ideas
CIPLACIPLA (4 HR):- 974.6 CMP LOOKS GOOD FOR MORE UPSIDE :)
1) C&H BO. Candidate :)
2) Volume + RSI BO.
Double Top formation in W frame of CiplaA double top formation in weekly chart indicating a change in trend, downward movement here in Cipla. Short Opportunity.
Disclaimer: This is meant only for education and also to track my own progress in learning TA. I neither recommend nor suggest anyone to take this trade.
intraday idea for tomorrow #equity CIPLAHELLO TRADERS . DID YOU LIKE MY ANALYSIS. I will daily post intraday trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.
CIPLA SHORTShort CIPLA BETWEEN 940-950 WITH SL 970
FOR the target 855
R:R is aprox 1:4
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Cipla-10% opprtunityCipla moving in an ABCD pattern in a rising channel. Taking support at the lower end of channel. Can move towards 1015. If breaks that then it could be a 500+ points move(looks unlikely to me)
CIPLA |||#SwingTrade
Buy CIPLA on Rising above Rs. 897 for the Target of Rs. 959...
Stoploss Rs. 866..
CIPLA-Good entry price. If breakout holds till friday, add moreCipla weekly candle shows strong breakout. Current price is good for adding some quantity. By friday this candle will get confirmed and if it sustains the bullishness in the candle, we can enter fully.
CIPLA "W" Pattern Downfall TGT @925/920The chart, clearly shows Cipla forms an uneven "W" pattern and faces resistance on a higher level. So we can Keep an Eye for Selling.
Best Setup to Trade.
At the opening of the market right at 9:15, if CIPLA opens with the price of ( 934 - 930 ) we can place a trade on breaking of the previous day Low( 930).
Once it breaks we can put up a target of quick 4-5 points based on your Risk-Reward ratio.
With this setup you can achieve the target very quick as 9:15 we get very high momentum moves / volatile.
** IGNORE if Gaps up / Gaps down too much below the mention selling level.
This is my Everyday Quick Setup I shared with a small analysis, you can make your own setup and trade.
cipla all major resistance and support are given according fibonacci and entry stoploss and target are given.
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.
