CIPLA LTDCipla:- Keep an eye on the stock, it may go back up after retesting.
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CIPLA trade ideas
CIPLA| Leader of Next Pharma BullRun| 45% UpsideNSE:CIPLA
CIPLA - CMP in Blue Sky Zone and near Life time high
Rising in Parallel Channel since 24 month
13 month consolidation in tight range & then resumption of uptrend.
Targets: 1320 - 1458 - 1683
Upside : 45%
SL : 990
Time Frame : 6 - 18 Month
CMP above all major monthly Exponential Moving Averages
RSI in Bullish Zone
CIPLA 4H - LONG SETUP FOR SHORT SWINGStock is in clear uptrend on 4hrs TF. Stock Broke its resistance which will act as Support now. Bullish candle made today after initial selloff in the morning. Also RSI is above 50 which shows positive strength. Stock can be added at CMP with SL and TGT mentioned on chart.
Disclaimer: I am not SEBI registered.
CIPLA - Long Perspective!1. Stock seems to be in uptrend as pointed by 50/100 EMA pair in 1h timeframe.
2. Support and resistance zones identified in the chart.
3. A trendline has been drawn which is anticipated to be broken if the stock jumps from the 50 EMA and support zone confluence area.
4. MACD shows a weakening downside momentum signalling the stock is ready to move towards upside.
5. Long trade if the trendline gets broken with a bullish candle in 15minute timeframe with target at the resistance and SL below support.
Cipla still showing strength We added Cipla and it never looked back despite this huge volatility! As trailing SL has never hit, we are still holding.🤠
This week also gave an ATH breakout and is ready for the next leg!
Targets: 1338, 1447, and more
SL: 1005, Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
CIPLA - Ichimoku Bullish Breakout Stock Name - Cipla Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 441
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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CIPLA INTRADAY ANALYSISDue to global uncertainty defensive counters such as pharma are being focused on by both the FII's and the retail investors. Cipla has shown strength in these times. It has broken the resistance levels of Rs 1081.55 but went for a retest and consolidated below it after a second continuation of up trend the prices have closed above the resistance level. As prices move above Rs 1105 with confirmation on smaller time frame of 5 or 15 min charts, a buy can be initiated.
Cipla LtdCipla Ltd Looks Bearish
1) All Time High Rejection
2) Bull Trap are there
3) Cipla Ltd Makes Market Structure Type 1
4) Also, Making "M" Pattern ( Advanced Double Top) after crossing of 1050
5) As per Fibonacci Target was 1025-1020
6) Risky Trader Take Entry on this price level or wait for 1050
Note: Its just for a Knowledge do your analysis is based on your knowledge and money management