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Ciplaanalysis

Cipla Intraday for 03.05.202415 Min TF Trend: Sideways after upside breakout and again triple bottom and double top breakout. Price is under consolidation which is very good sign for further movement Many rejection candles founds in last hour which is sign of further movement upside Price has strongly bounced from 200 EMA Multiple rejection from breakout FVG Bullish is trying to form. Good sign of bullish Buy: Risky trader: Buy at 1426. Target around 10 Points(0.7%) Sell: Sell below 1410. It should cross 50 EMA for entry. Target near to 200 EMA Get confirmation from any of the leading indicators before entering trade Kindy comment below in case of any clarification required. Please follow for more ideas
NSE:CIPLA
by Swinging_Inside_the_BAR
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.
NSE:CIPLA
by IIT-Trader
2
🚀 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.
NSE:CIPLALong
by AfnanTAjuddin
CIPLA--@Channel Breakout Level.Observations:: ------>> the stock is Trading in the channel, wait for channel to be broken, Upside or downside. we have a strong supply zone @960 level, where previously strong sell of is observed, and slowly moving to upside. if it it breaks upside we have gap left @1020 level that will acts as Resistance. if it breaks down we have strong demand @800 level, wait for more confirmation. If it is a drop base drop form...more fall is going to observe to the below levels. keep use alerts.
NSE:CIPLA
by IIT-Trader
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
NSE:CIPLALong
by Jha_Nidhi
Cipla target 780After a long rally, major consolidation happened in this stock. Now tested at higher prices but volume is not impressive to enter into stock so, no reason to buy for new buyers(they will wait for proper correction) unless any good news for pharma or stock the price struggles to move further. My view is neutral to short. It breaks the support and again raising to test once again. If there is no breakout or pullbacks happens try to short the stock with strict SL
NSE:CIPLAShort
by kallepallimaheshuma