Cipla - swing tradeThe current Price action structure suggesting that the stock is might be moving towards its recent highs near 980- 1000 levels.
The said Probability will be valid as long as the stock is trading above 958 levels.
Cipla
Cipla One can go long with Stop-loss of 955
All the key levels are mentioned in chart with Stop-loss and Targets
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
CIPLA ::: BULLISH :::DATE: 29 JUNE 2021
INSTRUMENT: CIPLA
TREND: BUY
TIME FRAME: DAY
CMP: 979.60
BUY ABOVE: 982
STOP LOSS: 954
TGT 01: 1045
TGT 02: -
RISK DISCLOSURE:
We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES.
Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
CIPLA/INR Brokeout Cup & Handle and Target will be 10% from here#CIPLA/INR TA update:-
₹CIPLA looking bullish as per chart.
Broke-out Resistance level and now testing support level.
I can expect 8-10% from here.
Entry:- ₹660-₹670
Target:- ₹1054
SL:- ₹655
CIPLAAfter doing a consolidation near the 1st target of a Bullish Harmonic Dragon, it now appears to have resumed its rally for the 2nd target near 1000. The view would be negated below 940
Dragon Patterns are HARMONIC target probabilities of Double Bottoms and Double Tops. They are among the few rare Harmonic patterns which are continuation patterns rather than the usual reversal signals, Harmonic Patterns are more popularly used for.
cipla longHi traders.
I shared my analysis on Cipla based on technical factors.
You should analyze your point of view before executing trade
Cipla from 20 Maycipla has shown a breakout and retest scenario with good upside volume possible 1000 target possible
CIPLA Looking Good to Buy
All the key levels are mentioned in chart with Stop-loss and Targets
Daily RSI
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
CIPLA 15MINCIPLA made a upward channel earlier then made a head and shoulder pattern which I already posted here and short sell target was achieved. Currently CIPLA is ready to make a reversal for the upside but making a downward trend, breaking of downside channel with a volume upside can give a long position for this green lines are for buy and red lines are for short sell.
Cipla - Bullish viewCipla - Bullish view , Expecting price to move up to 955.
Once falling wedge trend line broken price may move up to 995, Expecting good momentum in the trade.
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Cipla for solid returns The weekend is a good time to scroll through the charts to find some gems for the coming week and for the coming month.
Cipla is one such stock that came on my radar this week, stock had seen a good move from 738 levels to 966 levels, comprising about 35% return in just 4 -5 weeks.
After seeing a remarkable rally, stock decided to correct, and I as a buyer could take advantage of this correction to grab this stock at attractive levels for participating in the new up leg, that may take stock to 1000 and 1100 levels, and that rally is most likely to come, considering the previous strong price action.
The near-term support is at 855-845 levels, that I am expecting the prices would hold and also bounce from it.
The daily chart also provides good support around 870 and chances are there that stock might reverse from here, hence buying can be done at two trenches.
Trade type: Positional
: Pullback Trade
: Support Buying
If you are trading this, you are trading at your own risk, please do your own research as well.
Share the post, if you find it informative and useful.
long opportunitycipla had a range it broke down of range
now it hasnt created any new lower lows
so if price breaks back in the range it will fill the range
or even break the range high and continue up!
CIPLA 45MIN BOTH SIDECan give a pullback towards upside but at now it is forming a head and shoulders pattern and a double bottom can go for short also. Short below red lines and buy above green lines.
Cipla Has given a Daily Channel BreakoutCan BUY CIPLA for a TGT of 1000 it has given a Breakout on Daily Charts
