Cipla Daily Analysis Can riverse from 1170-1200 Bearish Crab PCipla Daily Analysis Can riverse from 1170-1200
Bearish Crab
PRZ 1170-1200
Target 1130- 1100- 1075- 1050-1025-1000-975+
SL above 1222 - candle Closing basis
CIPLA trade ideas
Cipla Fibo retracementCipla has given closing near 37.8% and with good volume. I think we can see 1050 in coming sessions and then 1075/1100.
Looking very strong.
Cipla Bullish Mode#Cipla closing 1039.10 and create a NR7 Range and #breakout of the range and as fibbonacci retracment level 37.5 and now 50% cross then come to 1078-1120-1145.
CIPLA 1st February 2023Cipla is at a strong retracement level (0.5). It has been in a downtrend for a long period of time. Was in a consolidation phase for a week and a half, broke out down side till the 0.5 fib level. Possible upmove as RSI is not going down by large levels as compared to price. Can initiate a long position but wait for confirmation.
CIPLA broke out in May 2020On a monthly chart CIPLA formed a triangle pattern. It broke out in May 2020. Similarly SUNPHARMA is also near breakout. Is CIPLA showing the future of the Pharma sector. It is a big question. ABBOTINDIA is also bouncing from a long term trend line. Hence the Pharma sector could remain in focus.
18-Jan-23 CPILA 1:1 TradeCPILA is in bullish mode and easy to get 16 points in CPILA in positional trading (1/2 days).
Buy on 17-Jan day high and sell after reaching 1:1
Cipla Buying in 1 Hour timeframecipla buying in 1 hour timeframe and put the stop loss and wait for the target....
triange break out in 15 minsTriangle break out in 15 mins and trend has broken too.
target & stop loss mention in the chart
ciplacipla is hovering around very important key level . technically looks weak from here , 1078 is important level to hold . make short position with sl placed at 1120
Falling wedge pattern breakdown in CIPLACIPLA
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakdown of Falling wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1005-.
✅Can Go short in this stock by placing a stop loss above 1100+.
✅ breakout this can give risk:reward upto 1:4+
intra day trade for tomorrowwe can expect a move tomorrow
so we can short if it opens flat and cross
below 1093 with a target of 1080
or higher and stop loss 1104
CIPLA....buy gradually*Stock trading Above 20 EMA
*RSI above 50
*Recently broken the trend line
*Strong Support at S1
Good up-move expected after breaking R1
CIPLA update! with positionHello everyone , i m sharing an update with you on NSE:CIPLA
1st target is on chart along with stoploss ,2nd target will be displayed after reaching 1st one.
do follow and comment if u want analysis video with stop loss and targets
Cipla - Breakout ViewCipla :
Looks more of a Falling Wedge Breakout
Long above 1141 with support at 1115
head and shoulder formation in cipla cipla have formed a very good head and shoulder parttern lets hope we can short sell it tomorrow, one thing you should keep in your mind is this parttern is formed on daily timeframe meaning that it well more powerfull and effective but if it goes up then you should wait few hours or days one thing i know is this partern is definetly going to ork keep your keep eyes on cilpa
cipla long/short idea cipla have reached an very important level, the last time when it reached this level it gave us a strong bullish move so lets see what could possibly happen tomorrow we can place a buy order or if it goes down we can see a very strong opportunity for short sell NSE:CIPLA
head and shoulder formation in cipla this stock has been delivering very poor bullish momentum and surprising it have formed a bearish head and shoulder NSE:CIPLA
CiplaCipla Ltd forms falling wedge pattern , it it's the channel resistance it may give breakout or reversal.
Cipla Ltd 1 day time frame Cipla Ltd formed a head and shoulder pattern then beware to buy this stock it's hardly chance to break this pattern and it will go to downfall
If you short this trade then mark my entry and sL
And hope so trade will succesfull but
We will buy this trade above 1160
And this short trade are shown this analysis
reverse head and shoulder in ciplathere is an reverse head and shoulder, wait for break out
short if crosses below 1094, target is the same is the difference between the head and bottom of the head and shoulder
or if want to be more safe wait for breakout and retest of 193 level then short if it takes resistance.
just for educational purpose
Short Term Trade Idea Buy (CIPLA)
Health Care
Pharmaceuticals
Largecap
With a market cap of ₹88,870 cr, stock is ranked 60
Stock has been generating better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Disclaimer : I am not a SEBI Registered Research Analyst so before your Investment Please Consult you Financial adviser.
CIPLA : At The Cusp Of A Breakout!!!!
CIPLA : Price Waiting For A Breakout!!!!
1- Cup & Handle Pattern.
2- Enters Trading Range.
3- Price Reversing.
Cheers,
priceNpedia
