CIPLA bullish Cipla looked like a bullish movement. Day & weakly closing was taken a strong resistance. So if the price was open above the previous closing price, it reached the price of 1037.75.
CIPLA trade ideas
Short Cipla below 1016Stock Name: #Cipla
Action: Sell
Entry: 1016
SL: 1027.70
Target: 962.50
NSE:CIPLA
Cipla - 12th May 2022Stock trying to bounce from 900-850 levels
If Levels hold for next few days stock can rally towards 965/990 to start with
RANGE BREAKOUT DONE, READY TO MOVE ?This is daily timeframe.
Cipla was in consolidation in long range for 8+ months.
Finally it gave range breakout and retested its resistance zone,
which is acting as a strong support now.
Selling volume decreased in last three days of last week's.
Today it gave rejection to downtrend and had formed bullish engulfing.
May be now it will give a good upmove.
Let's keep close watch.
This post is for information purpose only.
#Cipla harmonicCipla again near to previous harmonic reversal zone
PRZ -894.85-876.15
SL - 868
CMP:934 @ 7 May 2022
Cipla Share to take long entryExpecting a sharp recovery in Cipla stock. RSI in V form can be seen on daily charts & Re-test can be seen at support level on weekly candles. Good risk to reward ratio. Long entry can be taken above the level of 980 for the target price of 1070 with SL of 945. This is for your educational purpose only.
cipla making cup and handel pattern chance to go up tommorowchance to go up with cup and handel pattern good to go with cipla tommorow
Cilpa Analysis | Weekly ViewCipla is sitting @978.40.
I will be bullish once Resistance was taken out.
If 980.35 was taken out then definetely will coming target soon.
Target 1: 1001.40
Target 2: 1019.65
Target 3: 1036.50
CIPLA LTD | LONG CONSOLIDATION BREAKOUT CIPLA LTD has been trying to break out the 1000 level but has finally given a beautiful breakout above the 1000 level.
The Target price according to the channel low is 1150 but I would suggest here to follow super trend lower band, as I believe that super trend performs well in trending chart patterns.
Buy Cipla if it gives a Fake BreakoutCipla was in a good sideways range and the broke above with momentum. Price then retraced towards the breakout area in a good consolidation and now broke below the consolidation. There is a good opportunity of a bullish trade if price gets back into the above consolidation, thus forming a fake break out.
I would suggest to enter only if 1 Day candle closes inside the prior consolidation (above 1016).
CIPLAStock is hovering above resistance zone since 1 month after breakout from the range. Stock may start upward movement at any time soon. Buy above 1030, SL 980, TGT 1100+. For educational purpose only. Kindly contact your financial advisor before entering any trade.
CIPLA Range/Channel BONSE:CIPLA
#NSE:CIPLA trading in a range and give good BO,
Post Sustainability, high chances for momentum.
Happy LEarning !!
Cipla trading in a narrow range.Cipla has been trading in a range from 22/03/22.
The volume seems to drop and the range is a accumulation zone.
On daily time frame, the price is around its 20 ema look for the break out and once the levels are broken the stock can give a good move on either side.
Support :- 1005,987
Resistance :- 1045, 1068
The stock can be added for a swing trade and intraday traders enter once an hourly candle closes out of the range.
Cipla ltd analysis | next week viewBearish View
Recommended to take only trade if levels break
else
Only watch it
CIplaBreakout and consolidation near previous resistance.
Can go near previous high, risk reward is very favourable.
Cipla @ 1012 target 975 Cipla is facing shorts buildup near its recent highs of 1040 to 1080 levels hence can be shorted for target 975
Cipla short term tradeTrade enter based on this ideas
Overall it was a up trend.
Now it was in retracement and also market trading in sideways.
trading between 4Hr resistance and 4Hr support.
in lower tf. market trading near the higher tf support. when market broke the lower tf resistance based on higher tf support. then looks to enter the trade.
Trade stratergy:
1. sideways trading
2. trend line resistance.
3. higher tf support + lower tf resistance
