CIPLA trade ideas
Cipla - At resistancePrice reached the resistance level and it has more probability to break and move further up after a small resistance.
Uptrend breakout Can enter this breakout at dips on 875. The resistance of this uptrend can act as support now.
PS-It's only for educational purpose.
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Happy Trading :)
Cipla Swing longLong Cipla after the BO of TL above 821 TGT 855 SL 805 .This is for your educational ideas.
Watchout for Resistance breakoutThe stock looks good above 820 level for a target of 864 positionally
💊 #Cipla #niftypharma #nifty #nifty50NSE:CIPLA
as of now it has taken support. one can go long as per their trade setup, it might come again to same reversal zone and then if find reversal again one can go long from there as per their trade setup.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
[Intraday] Cipla Bull Flag PatternRefer the chart.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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intraday target Cipla buy on monday in intraday when it cross 765 level and target has 780 because of retercment of short term in cipla
CIPLA SHORTAt break below 800, stock might make a move towards 780-
Stop loss : 818
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
CIPLA : Cup and Handle formation on hourly chartAll levels are mentioned on the chart. For educational purposes only.
CIPLAThe stock has been in a bullish wedge pattern and has broke down from the support line.
Has it is a pharma stock it might not come under severe selling pressure but short term
bearishness can be seen in the stock with the target of 700
