Cipla forum
CIPLA wasting time hole day sideways
CIPLA Cipla Ltd view for Intraday 12th Jan #CIPLA
Resistance 1500 Watching above 1505 for upside movement...
Support area 1470 Below 1485 ignoring upside momentum for intraday
Support 1470 Watching below 1468 or downside movement...
Resistance area 1500
Above 1485 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
CIPLA As of January 2, 2025, Cipla Limited (NSE: CIPLA) is trading at ₹1,529.10, reflecting a 0.01% increase from the previous close of ₹1,529.00.
Technical analysis indicates the following support and resistance levels:
Support Levels:
S1: ₹1,516
S2: ₹1,503
S3: ₹1,487
Resistance Levels:
R1: ₹1,545
R2: ₹1,561
R3: ₹1,574
These levels suggest that if the stock price falls below the immediate support at ₹1,516, it may find the next support at ₹1,503. Conversely, if the price rises above the immediate resistance at ₹1,545, it could encounter the next resistance at ₹1,561.
Additionally, the Relative Strength Index (RSI) for Cipla is currently in a neutral range, indicating neither overbought nor oversold conditions.
Please note that stock prices are subject to market volatility, and it's advisable to consult financial advisors or use real-time trading platforms for the most current information.
CIPLA As of January 1, 2025, Cipla Limited (CIPLA) is exhibiting the following support and resistance levels:
Support Levels:
Immediate Support: ₹1,508.25
Next Support: ₹1,494.07
These levels suggest that if the stock price declines below ₹1,508.25, it may find support around ₹1,494.07.
Resistance Levels:
Immediate Resistance: ₹1,539.85
Next Resistance: ₹1,553.00
If the stock price surpasses ₹1,539.85, it could encounter resistance near ₹1,553.00.
These support and resistance levels are crucial for traders and investors to monitor, as they can indicate potential price movements and assist in making informed trading decisions.
CIPLA As of December 30, 2024, Cipla Limited (CIPLA) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹1,478.40
Short-Term Support: ₹1,484.19
Medium-Term Support: ₹1,479.40
Long-Term Support: ₹1,461.00
Resistance Levels:
Immediate Resistance: ₹1,507.10
Short-Term Resistance: ₹1,518.00
Medium-Term Resistance: ₹1,530.00
Long-Term Resistance: ₹1,547.00
These levels are derived from recent market data and technical analysis.
It's important to note that the stock has support at ₹1,500 and resistance at ₹1,680.
CIPLA 🚀 Cipla Ltd. - A Bullish Move in the Making?Hey Traders! 👋
Cipla is showing signs of a potential breakout that’s worth watching closely. Here’s the breakdown:
📊 What’s Happening?
The stock has broken a key descending trendline, which had been acting as resistance for a while. This breakout is a positive sign for bulls!
It has built a strong support zone around ₹1,434, indicating that buyers are stepping in to defend this level.
🎯 Targets to Watch:
If this breakout sustains, here are the levels I’m targeting:
1️⃣ ₹1,549
2️⃣ ₹1,607
3️⃣ ₹1,688
🔻 Stop Loss:
To manage risk, I’d keep a stop loss below ₹1,434, as that’s a key support area.
💡 Why This Matters:
Breaking a trendline often signals a shift in momentum. If Cipla holds above ₹1,506, we could see some strong moves toward the targets.
⚠️ Pro Tip:
Always keep an eye on market conditions. A breakout with strong volume is the confirmation we want for this trade.
CIPLA Cipla Ltd view for Intraday 18th Dec #CIPLA
Resistance 1460-1463 Watching above 1465 for upside movement...
Support area 1430 Below 1440 ignoring upside momentum for intraday
Support 1430 Watching below 1428 or downside movement...
Resistance area 1460-1463
Above 1440-1445 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
CIPLA Delivery Buy CIPLA Above 1551 Stop Loss 1500 Targets 1590-1630
CIPLA Daily ChartToday's candle confirms the Bearish Engulfing Candle Pattern. The price could test the lower levels. First support is at 1520 and if broken then the next level is 1480. All with this we also have a declining rsi.
CIPLA According to 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 a correction is pending.
