CIPLA A BUY BASED ON EXLANATION GIVEN IN IDEA POSTPLEASE CLICK THE IDEA TO SEE REASON FOR BUY SIDE SUGGESTION IN SCRIPT
disclaimer - buy @ own risk.
CIPLA trade ideas
CiplaBuy 730.00
Stop loss 702.00
Target 786.00-- 800-- -802.00
Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade,
this post is for educational purpose only . warning :- do not jump directly or do not copy my trades
DO your analysis properly
Watch rectabgular box in CiplaCipla is trading in a rectangular box for last few days. Trade on the side it moves out of the box for quick gains.
CIPLA WHENEVER A STCOK CREATES HEAD AND SHOULDER PATTERNS ..MAKE A SYMMETRICAL OF IT THUS WE COULD GET ITS SUPPORT ZONE AS NOW ITS MARK END OF BULLS AND BEARS START TO GAIN
Cipla#cipla intra view...Interesting to see which side it breaks this box... below 733 more pain and above 752 more strength...Pharma today looks weak however you never know :)
CIPLAIm not an expert im just sharing my views on CIPLA
Im not responsible for any profit or loss this is not a recommendation
CIPLA: Positional Levels on chart
Downside has many supports, I won't short pharmas in any case - there are plenty of other short opportunities out there including NIFTY
CIPLA bearish trendlineTrendline and the specially designed volume action analysis suggest a Bearish run on the CIPLA.
The background with light green color are indication for bulls taking the position and the Light red background suggest Bears are dominating in the region.
This is my NEXT week analysis on CIPLA two resistance line are there with good volume supporting the bearish view.
will give follow back to all the followers.
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