C I P L ACIPLA fut is on the verge of breaking out of classic triangle pattern on an hourly chart with superb OI addition suggesting long build up.
Risk:-Reward = 1:3
could be bought with mentioned stoploss & target
Cipla
Breakout in Cipla?Potential breakout in Cipla?
Let's understand.
Candle made yesterday followed by the candle made today indicates a lot of strength. Both the candles are big green candles backed up with big green volume bars. This gives me a hint that the resistance zone between 1520 and 1525 might be broken now and we might see a strong breakout.
Coming to my momentum indicator, RSI, it is moving in the buy zone now. We generally consider the zone between 40 and 60 as neutral and RSI is just breaching the 60 mark.
So, I will buy as and when I get a new buy signal in the hourly chart with SL below 1470 and targets above 1525.
CNXPHARMA - Trend Reversal 📊 Script: CNXPHARMA (NIFTY PHARMA)
Key highlights: 💡⚡
📈 Nifty Pharma is retesting from its support level shown in chart.
📈 Pharma stocks can give good returns.
📈 One can go for Swing Trade into Pharma stocks.
📊 Script: CIPLA
⏱️ C.M.P 📑💰- 1414
🟢 Target 🎯🏆 - 1510
📊 Script: LUPIN
⏱️ C.M.P 📑💰- 1688
ONLY ABOVE 1700
🟢 Target 🎯🏆 - 1828
📊 Script: AUROPHARMA
⏱️ C.M.P 📑💰- 1177
🟢 Target 🎯🏆 - 1267
📊 Script: GLAND
⏱️ C.M.P 📑💰- 1177
🟢 Target 🎯🏆 - 1267
📊 Script: BIOCON
⏱️ C.M.P 📑💰- 1177
🟢 Target 🎯🏆 - 1267
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
I've gone long in Cipla#Educational purpose only
I think the first hourly candle made yesterday is strong and the low won't be broken. I have explained my analyses in the video and I hope this helps.
Looks like Cipla might be the buy for tomorrow.#Educational purpose only
I've analyzed the chart of Cipla because of the strong bullish candle made today in the daily chart.
I think it will be a good buy above 1450 for targets of 1550 or more.
What you think about Cipla?? uptrend?as per my chart analysis in cipla. it took support in static and dynamic . 1066 is SL and 1302 is target
Good time to buy Cipla?
Downswing seems to be over for Cipla. I think a new upswing should start from tomorrow, and we should take chance with it for 5-10%.
CIPLABreakout and Retest.
Surging volume can push the stock price.
Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
#THYROCARE 583 recommended to buy - #stockstowatch Rachit SethiaNSE:THYROCARE
THYROCARE 583
TGT 680
SL 540
Return 16%
TF <6M
RR >2
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
CIPLA--Head and shoulders Pattern??A strong Bearish pressure is observed in this stock recently.
On bottom side we have a bullish gap left below at 1060 zone.
A left shoulder is formed at 1230 zone.
we have a chance of right shoulder formation, if a rise is from 1135 at neckline...
then we have a chance of break below the neckline to reach, the bullish gap. wait for the price to break the neckline and retest then will go for complete short side.
Keep in short side in this stock.
🚀 Seizing Opportunities: Cipla's High-Reward Trade Potential!Embark on a journey into the charts of Cipla as we uncover a compelling trade opportunity, breaking down the analysis in simple terms for both new and experienced traders.
Current Market Dynamics 📊:
LTF (75 min): Cipla is currently positioned within the 75-min demand zone, characterized by a Rally Base Rally (RBR) structure.
ITF (Daily): The daily time frame indicates an upward trend at price trading at 20 EMA, a sideways movement when considering smaller swing levels.
HTF (Weekly): Zooming out to the weekly chart, there's a clear absence of resistance, setting the stage for potential bullish movements.
Trade Strategy 📈:
Zone Analysis: The 75-min demand zone is robust and presents a prime opportunity for a low-risk, high-reward trade.
Risk-Reward Ratio: Planning for a Risk-to-Reward Ratio of 1:4, ensuring a favourable balance between risk and potential profit.
Why This Trade Stands Out 🌟:
The 75-min demand zone serves as a stronghold for potential price movements.
The daily trend, Price trading at Daily EMA 20.
A lack of resistance on the weekly chart provides a favourable backdrop for an upward trajectory.
Final Considerations 🚀:
Cipla's current positioning offers not just a good trade but a high-reward opportunity. With a focus on the strong demand zone and a promising risk-reward ratio, this trade deserves attention.
Trade Smart, Trade Confidently! 💹✨
Disclaimer 🚨:
This analysis is for educational purposes only. I am not a SEBI registered analyst. Trade responsibly.
CIPLA Mark this zoneCipla currently in range, whenever it breaks just go with that side it will give you good targets
#PANACEABIO 165 Buy Recommended- Rachit Sethia PANACEABIO 165
NSE:PANACEABIO
TARGET 225
SL 135
Return 36%
TIME FRAME < 6 Months
RR > 2
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
CIPLA--Near its Bullish gap??Price is approaching the bullish gap area....
A strong fall is observed after a lot consolidation...
It may continue its trend to the upside...
If we observe a weakness in buyers to push the price up. Chance of fall back...until price breaks this demand keep in long view.
CIPLA--Bullish gap@1180??this stock is facing resistance @1280 range...
after turned to be bearish price testing the resistance by creating a bullish channel...
if this channel breaks and retest price fills the bottom bullish gap...
Buy Cipla Limited Short Term Trading Advice by Goodluck Capital
Buy Cipla Limited (NSE:CIPLA)
Buy Range- 1175 - 1200
Target- 1275 - 1300
StopLoss- below 1150
Potential Return- 7-9%
Approx trade duration 12 - 14 days
Cipla double bottom target confirmed.cipla can reach 1500 safe investment chance till 1500
stop loss below 1000
CIPLA--@Monthly Resistance ??CIPLA at monthly resistance zone...
A break is observed from this zone in daily time frame...
failed to close above the resistance...may lead to fall again...
on bottom side observed a bullish gap left...
After filling the bearish gap...price moved drastically to upside.....
keep watch this stock...if any rejections from resistance will go for short.
CIPLA--Near to Its Bearish Gap ??Observations::
After a strong fall from the area @1040 level,
price is coming back to the same zone with a strong consolidation @960-980 range.
we have a bearish gap left @1020 range.. will see if price fills the gap and again falls or not.
keep track this gap and levels.
Sell signal in CIPLA
It seems like Cipla has touched last swings high couple of days back, if that so, it should give 3-4% profit on the down side.
CIPLA AT STRONG SUPPORT ZONE !!!!The price is trading at strong demand zone 850-- 875, Which is multiple time tasted by the price. Price taken support multiple times and bounce back towards the upside level. As we can see that price is trading at lower level and we seen a heavy correction in price from the all time high level of 1185 and now price is trading at 877.
850 --- 875 is strong support zone. If price respects the support level and shows good momentum either forms any bullish pattern or candle with high volume than we can plan the trade for upside with low risk & high Reward Setup.
#CIPLA
👉Price Near support zone of 850--875.
👉Heavy Correction Seen from ATH Level of 1185
👉If Respect the support zone than good bounce back possible.
👉Wait for bullish pattern or candle formation with good volume
👉Track on lower TF for strong reversal
👉A good entry we can see
