#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 trade ideas
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
Strong Bullish on CiplaCipla by sustaining above Previous High,
Its on a Consolidation Phase, Signs of Accumulation.
Buy on Decent Dip too,., Supported by #Sunpharma #Auropharma, Strong from Pharma Sector.
Maintain your Risk Reward.
CIPLAThe first way to spot a possible breakout is to draw trend lines on a chart. To draw a trend line, you simply look at a chart and draw a line that goes with the current trend. When drawing trend lines it is best if you can connect at least two tops or bottoms together.
CIPLA WEEKLY GANN LEVELS CHART UPDATED 25/01/2024 MY FAV INVCipla has gapped up into a cycle zone. We were expecting it as it took support at the exact level where we pyramyded it. September/ October 2023 ample time was given it for entry. Its being one of our favourite picks.
Happy Trading !!!
CIPLA Breakout Mini flag pattern 1. stock breakout resistance level almost 8th time
2. stock retest and create mini flag pattern (10.1.24 goods for interday)
3. stock close high price with green candle
4. volume also build
5. 1329 stock higher price since
6. entry should be 1330
7. target as per you planing
for my side 4% first target
8. Stop loss should resistance level where stock give breakout
CIPLA CIPLA Looks good for Swing or Longterm Investment We can clearly see a Perfect Breakout with Mandatory Retest & Now Stock Ready to Fly further Rally
KEEP ON RADAR
CIPLA LTDFOR LEARNING PURPOSE
CIPLA LTD- I am going to buy this stock.
This is a positional trade for me and the minimum time frame for a positional trade is 2 months.
The minimum target which I am looking from this stock is 35%
This stock is looking great to me and has got good relative strength.
Structure looks good.
CIPLACipla continues it's rally. Price may retest 1270 level. After we can see this rally to 1450. Rally day and month wise bullish.
CIPLA READY FOR 1400/-Head and Shoulder Breakout is seen in stock retest is Pending
On retest we can plan for entry
CIPLA Analysis - Monthly ViewCurrent Formation - Elliot Impulse Wave
1) Wave2 took a support @ 0.5 level of wave 1
2) wave 3 took resistance @ 2.618 level of wave 1
3) wave 4 does not overlap on wave 1 .But it took support @0.618 level of wave3 (Fib
level alone not met Elliot wave condition)
4) wave 5 extended wave
Current Trend: :
Current at Top of parallel channel and Max OI @1300 level of both Jan and Feb series
