Cipla Daily Analysis Can riverse from 1170-1200 Bearish Crab PRZ 1170-1200 Target 1130- 1100- 1075- 1050-1025-1000-975+ SL above 1222 - candle Closing basis
Cipla has given closing near 37.8% and with good volume. I think we can see 1050 in coming sessions and then 1075/1100. Looking very strong.
#Cipla closing 1039.10 and create a NR7 Range and #breakout of the range and as fibbonacci retracment level 37.5 and now 50% cross then come to 1078-1120-1145.
Cipla is at a strong retracement level (0.5). It has been in a downtrend for a long period of time. Was in a consolidation phase for a week and a half, broke out down side till the 0.5 fib level. Possible upmove as RSI is not going down by large levels as compared to price. Can initiate a long position but wait for confirmation.
On a monthly chart CIPLA formed a triangle pattern. It broke out in May 2020. Similarly SUNPHARMA is also near breakout. Is CIPLA showing the future of the Pharma sector. It is a big question. ABBOTINDIA is also bouncing from a long term trend line. Hence the Pharma sector could remain in focus.
CPILA is in bullish mode and easy to get 16 points in CPILA in positional trading (1/2 days). Buy on 17-Jan day high and sell after reaching 1:1
cipla buying in 1 hour timeframe and put the stop loss and wait for the target....
Triangle break out in 15 mins and trend has broken too. target & stop loss mention in the chart
cipla is hovering around very important key level . technically looks weak from here , 1078 is important level to hold . make short position with sl placed at 1120
CIPLA Key highlights: 💡⚡ ✅On 1D Time Frame Stock Showing Breakdown of Falling wedge Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 1005-. ✅Can Go short in this stock by placing a stop loss above 1100+. ✅ breakout this can give risk:reward upto 1:4+
we can expect a move tomorrow so we can short if it opens flat and cross below 1093 with a target of 1080 or higher and stop loss 1104
*Stock trading Above 20 EMA *RSI above 50 *Recently broken the trend line *Strong Support at S1 Good up-move expected after breaking R1
Hello everyone , i m sharing an update with you on NSE:CIPLA 1st target is on chart along with stoploss ,2nd target will be displayed after reaching 1st one. do follow and comment if u want analysis video with stop loss and targets
Cipla : Looks more of a Falling Wedge Breakout Long above 1141 with support at 1115
cipla have formed a very good head and shoulder parttern lets hope we can short sell it tomorrow, one thing you should keep in your mind is this parttern is formed on daily timeframe meaning that it well more powerfull and effective but if it goes up then you should wait few hours or days one thing i know is this partern is definetly going to ork keep your keep...
cipla have reached an very important level, the last time when it reached this level it gave us a strong bullish move so lets see what could possibly happen tomorrow we can place a buy order or if it goes down we can see a very strong opportunity for short sell NSE:CIPLA
this stock has been delivering very poor bullish momentum and surprising it have formed a bearish head and shoulder NSE:CIPLA