Cipla looking bullishCipla can buy at open tomorrow, looking bullish, and tested the demand line of a validated channel. Target can be the supply line of the channel
CIPLA trade ideas
CIPLA Head & Shoulders pattern in formation?CIPLA is in the process of forming a Head and Shoulders pattern on the Daily chart. The left Shoulder and the Head are already complete we are possibly around the right Shoulder. If true, price can retrace to the baseline at 880.
Trading here can be risky as we are in the middle of pattern formation and it may be invalidated at any point above right Shoulder. Only risky traders may enter short with stop above the right Shoulder. Otherwise better to let the pattern form completely and place trades then.
CIPLAstock is forming ascending triangle, possible upside move, enter on breakout, 1300 Target with a Sl of 911
POSSIBLE BREAKOUT CANDIDATELooking very good and above 985 may show some serious movement. Keep a keen watch.
Cipla Ltd - 24.09.2021Cipla Ltd - 24.09.2021
The stock is trading @ 867 levels
There is a strong resistance @ 985 levels
There is a MACD Bearish Divergence in Daily Chart
There is a Stochastic Bearish Divergence in Daily Chart
Prices are above ema in Hourly Chart
Let the prices go below 958
One can initiate a sell position @ prices below 958 with support @ 983
TARGET:
923
908
888
lupin weekly bullishlooks like its a double bottom, and monthly IB , 953 as SL can go long, cmp 972,expecting a closing above 980 today
CIPLA TRADE SETUP FOR TOMORROWCIPLA share has already given the breakout today, the stock crossed 967 and closed to 969.
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As you see in the chart, share is consolidating from the starting of the September.
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Now the time has come, share is already given the breakout, you can buy this share at the level of 971.
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Our short term target is 990.
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What's your view on this comment below in the box.
#Cipla cash : Dont miss as positional above 975.10#Cipla cash -Dont misss as positional call
23.09.2021
Looks good above 975.10
stoploss 960
Target 998-1000/1040
cmp 968.10
Cipla Long Cipla is consolidating from past a month . Its forming cup and handle pattern on good time frame . It will sure shot long call after it sustains 970 . Near T1-990 / T2-1010
CIPLA - BuyThe stock is trying to give a breakout. A close above 963 will confirm the same. If closes above 963, Buy with S/L of 956 for target of 980+
CIPLA- Coming out of consolidation soon?CIPLA has been consolidating for 2 weeks now. If you see the daily chart, the range is becoming tighter each day. The RSI has become almost flat and has been constantly taking support from the 50 level. It may breakout of the consolidation soon. Keep it on the watchlist.
Line chart for better visualization:
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Swing Setup EXPLANATION : This is a 4 hour time frame chart of CIPLA . It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on CIPLA . Demand zone marked in chart we Plan to short below this zone price closing .
If you like this analysis of Stock give a Thumbs up // Like , let me know in comments below :)
weekly level break out... ABOVE 860..Keep eye trading above 860 it can give a decent move in 2-3 months.. with minimum risk..
Simple Trade Setup | CIPLA | 15-09-2021NSE:CIPLA
Trade Setup for Date 15-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL.
u can focous on cipla ltd hello traders , u can focous on cipla ltd , u can buy after 958 for target 972,980
