CIPLA LTDCIPLA LTDCIPLA LTD

CIPLA LTD

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CIPLA LTD stock forum

CIPLA According to chart structure the trend is negative.
Today we have an inverted Hammer type candle, the price is rejected from the resistance zone.
Personally I am waiting for a short trade the reason is that on the bigger time frames a correction is pending.
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CIPLA
A big strong red candle gives structural breakdown.
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CIPLA will hit new ATH 1550-1560 target soon... hold tight and enjoy the riding to moon
CIPLA buy above 1492 strictly to the target of 1562 in weekley time frame for medium to longterm holders .or target may be reach quikley
CIPLA Cup & handle weekly Tf & GFS Extreme bullish great then 60- CIPLA LTD
Nifty Pharma Sector

CIPLA Today the price broke the level of 1200 with a strong momentum. If the price sustains above the level of 1200 then it could test the levels of 1578, which is a swing of about 7%.
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CIPLA The price is trading below the long-term group of ema's also we have a bearish cross of ema bands. The degree and nature of separation of both bands indicates price consolidation on these levels. So, we use Darvas Box to trade the instrument.
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CIPLA tgt1 1185.25 achieved on 22nd september.Around 2% returns in 26 days.
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CIPLA Chart
What's your view ? Bullish or Bearish ?
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CIPLA for short cmp 1209.40 sl 1267 on daily closing basis for tgt1 1185.25 tgt2 1150.40 tgt3 1083(For 2-3 months)add in between 1220-1260.
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