#Cipla cash -Positional call 24.04.2024 Looks good around 1380-1384 Stoploss 1360 Target 1424/1444/1474 Cmp 1398.50
.................trgts 1376-1351-1312.......... Double top pattern........
Head and shoulders pattern in the making Consider going long after breaching the neckline Target set at the depth of the head
Is 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.
⚡️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- 1519+ SL below 1445 - Candle closing basis - 1 hour
Cipla breaks out of a brief consolidation. Volumes not great though. Lets see!
It Will Be 20 Year Channel Breakout If Cipla Closes Abvoe 865 On 31st Jan 2021 Watch It Closely..
price showing divergence with MACD target and stop loss marked
View is mine money is yours DYOR before investing or trading expecting a bullish view in cipla RESISTANCE break out and retest done volume buildup after the retest volume showing strength in favor of bulls
Cipla flag pattern breakout can be seen. With the current market trend looks like Cipla can touch 1600 before reversal.
this is trading in demand area and expecting price to touch the target.
Cipla 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.
On 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...
cipla forming 15min triangle pattern... good brackout
Buy cmp Target 1530 - 1540 SL mentioned in chart
Cipla 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.
The 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.