CIPLACIPLA good breakout happen , price moving up side ,targets and stop loss marked for swing trading
CIPLA trade ideas
Demand Zone In CiplaA demand zone in Cipla's stock chart represents a price level where strong buying interest is likely to emerge, halting declines and potentially reversing the price trend. This zone is identified by historical support levels, increased trading volumes, and bullish candlestick patterns. When Cipla's price approaches this zone, it indicates a potential entry point for traders expecting a rebound.
#demandzone
Waiting for another Short Trade in Cipla.According to the chart structure the trend is negative.
Today we have an inverted Hammer type candle, the price is rejected from the resistance zone.
Personally I am waiting for a short trade the reason is that on the bigger time frames the correction is pending.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
#Cipla cash : Looks good above 1426.10#Cipla cash -Positional call
13.05.2024
Looks good above 1426.10
and dips 1400-1410
(After crossing 1426.10)
SL 1370
Tgt 1468-1470/1540/1600
Cmp 1414.65
CIPLA - Ready, Steady, Go!!#CIPLA
Stock gave decent correction last month. Reversed from 1335 levels, then formed a strong damand zone at the level - 1390-1400.
Now earning is there. Market is signing up for the second phase. I never believe that news makes chart. For me chart and technicals are always formed first, many days before, and then news comes into the market.
So as per the chart we can expect a good earning result from Cipla.
The best entry point as per technicals, is at 1435. Stoploss can be seen around 1392-1390 levels on daily closing basis.
The first target we can achieve is at 1500-1520 levels. And if we are able to close above this even on 4 hours candle then target of 1660-1665 can be achived very very soon.
I give classes to #masterclass in live market with practical assignments so won't be able to give much updates. But you don't need it anyway because these are technicals levels and are well defined as per market direction.
This is not a buy/sell reccomendation but a pure study of how we can pick a stock for #SwingTrading. So rather than to jump directly on earning, better focus few days on learning. Because,
Believe or not - Learning is Earning.
Cheers!
CIPLA - In CorrectionCIPLA is in big bullish move but seeing short term correction trend now and price to see its previous support in this month. so may not move up in coming week with out testing support zone.
Potential Shorting Opportunity in CIPLAThere is a potential short opportunity in Cipla, below are the reasons,
1. In 4 hours time frame CIPLA price got rejected at a Resistance
2. Resistance line coincide with Fib 0.5 retracement level
3. Minimum 1:15 R:R
in.tradingview.com
CIPLA - LONG VIEW (FUTURE OR CASH) Cipla can add your portfolio for the short term view.. weekly candle reversal identified from trend channel support...Trend is uptrend. now cipla good entry zone. risk taker can apply your own strategies derivatives. Risk to Reward favorable.20 SMA 1420,
CIPLA : TARGET - Rs 1490 - Rs 1500 UPWARD MOVEMENTThe excellent bullish engulfing and solid wave pattern displayed by last week's Cipla candles reinforce the upward trend. Cipla should expect achieving the shorter-term target of Rs. 1490–1500, where a significant resistance level is present.
#Cipla cash : Good support at 1380-1384#Cipla cash -Positional call
24.04.2024
Looks good around 1380-1384
Stoploss 1360
Target 1424/1444/1474
Cmp 1398.50
Cipla - Long opportunity
Head and shoulders pattern in the making
Consider going long after breaching the neckline
Target set at the depth of the head
Cipla: Breaking Out for New Highs - A Technical AnalysisIs Cipla ready to touch new highs?
Cipla recently provided a breakout on January 2nd, following an extended period of consolidation. During this consolidation, we observed the formation of a bullish continuation Head and Shoulders pattern. Now, with Cipla executing a perfect retest after the breakout, we are optimistic that the skies are the limit for its new journey.
#CIPLA (Daily)⚡️Almost Debt Free
⚡️DIIs increasing stake
⚡️ Pullback from 50 DEMA
🔴 SL 1415
🟡 CMP 1481
🟢 TGT 1630/1851/2222
Cipla CMP 1457 - buying for target 1475- 1489- 1500- 1505- 151Cipla CMP 1457 - buying for target 1475- 1489- 1500- 1505- 1519+
SL below 1445 - Candle closing basis - 1 hour
CIPLA TARGET 1400 ?????? 50% Rise On Cards ?????It Will Be 20 Year Channel Breakout
If Cipla Closes Abvoe 865 On 31st Jan 2021
Watch It Closely..
Cipla ..Flag patternCipla flag pattern breakout can be seen. With the current market trend looks like Cipla can touch 1600 before reversal.
Cipla Short Term TargetCipla taken Multiple support at previous resistance level of 1415 - 1420.
Morning star pattern observed near support, along with positive reversal in momentum.
Entry was today @ 1440 with a stop loss @ 1415 and a target of 1500, 1505, 1510.
Happy Trading,
Cheers,
Yamini Prabu
NISM Certified TA,
Independent Trader/Trainer.
Cipla profit booking started Avoid any buy tradeOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
