taking support at 890 resistance at 1000 will it take support ? Educational purpose only. This is not a recommendation - I am not SEBI registered - Do not TRADE/INVEST basis what I publish here. Inspired by - Trading Mirror telugu
Cipla is simply Trading Short term within the Box Pattern. Falling line will be decisive factore along with the Mid line of bod for Buy and sell entry Buy above 918 TGTS will be 938/960/1000 in shortterm sell move will be depended on falling line,mid and upper line of the BOX As i always recommend flow with the Market be a Bullear all linear lines and pattern...
buy cipla at/near cmp 953 tgts 973/984/999 @sl own risk positional
Cipla long above 930 SL 895 In futures, hedge your position with Puts
Buy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade.
Holding previous Support Zone Strongly May come down a little more Good to add at lows near 880-885 area View negated below 860
Observation needed. Is there a possibility of a breakdown? Well, we have to wait and decide in the coming trading days.
NSE:CIPLA All the levels and most of the trade setup still remains the same as per previous. Trade Setup for Date 26-10-2021: 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...
CIPLA (Day Chart) 1.It close just above 200 EMA that could be major support. 2.If Breakouts above 900 with good volume then 915 will be entry. 3.SL will be Pre day low or below 900 or as per your comfort. !! Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. !!
NSE:CIPLA Observations: 1) On daily time, it close just above 200DMA. Generally 200DMA works as major support. If it gets support from 200DMA then we can see good bounce from this level. It closed between two critical level which were working as major support in past. Level 900 which was recent previous major support. Level 880 is critical major...
Falling Wedge When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines are drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may...
CIPLA Till trading below 900 remain cautious/Short Bullish Breakout only if stays above 915
#CIPLA - #CIPLA - Just long as can hold on to 869, could be headed towards 955 and 1000.
Cipla is near to the support and trendline. We can go for long at 885 levels.
#Cipla next updated harmonic CMP -905.90 PRZ -894.85-876.15 SL - 868 Date - 20-October-2021
-RSI is below 40 -RS strength is negative -forming H&S pattern (at list it looks like that) -volumes are dried -weakness below 880rs level