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.
Cipla chart support breakout and sell trade activated
Cipla has gapped up into a cycle zone. We were expecting it as it took support at the exact level where we pyramyded it. September/ October 2023 ample time was given it for entry. Its being one of our favourite picks. Happy Trading !!!
1. stock breakout resistance level almost 8th time 2. stock retest and create mini flag pattern (10.1.24 goods for interday) 3. stock close high price with green candle 4. volume also build 5. 1329 stock higher price since 6. entry should be 1330 7. target as per you planing for my side 4% first target 8. Stop loss should resistance level where stock give breakout
CIPLA Looks good for Swing or Longterm Investment We can clearly see a Perfect Breakout with Mandatory Retest & Now Stock Ready to Fly further Rally KEEP ON RADAR
FOR LEARNING PURPOSE CIPLA LTD- I am going to buy this stock. This is a positional trade for me and the minimum time frame for a positional trade is 2 months. The minimum target which I am looking from this stock is 35% This stock is looking great to me and has got good relative strength. Structure looks good.
Cipla continues it's rally. Price may retest 1270 level. After we can see this rally to 1450. Rally day and month wise bullish.
Head and Shoulder Breakout is seen in stock retest is Pending On retest we can plan for entry
Current Formation - Elliot Impulse Wave 1) Wave2 took a support @ 0.5 level of wave 1 2) wave 3 took resistance @ 2.618 level of wave 1 3) wave 4 does not overlap on wave 1 .But it took support @0.618 level of wave3 (Fib level alone not met Elliot wave condition) 4) wave 5 extended wave Current Trend: : Current at Top of parallel channel and Max OI...
Buy cipla for target of 1365 in 3-4 sessions and target of 1500 in a month
entry above the line stop below the line consolidation breakout
Cipla is currently exhibiting signs of a potential head and shoulders pattern breakout (b/o). This technical analysis pattern often signals a reversal in the prevailing trend. The pattern is characterized by three peaks, with the central peak (head) higher than the surrounding peaks (shoulders). A breakout is anticipated when the stock price falls below the...
CIPLA has formed cup and handle pattern and giving breakout from 1275 resistance levels. SL: Hrly candle close below 1265. Target: 1390+