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Ciplabuy

Cipla-Intraday 06.05.2024- Bulls, Are you ready?NSE:CIPLA Day TF Healthy Hammer candle formed in day 15 Min TF Price is under consolidation which is very good sign for further movement Price has rejected from support level. Price has reacted well with 200 EMA & 50 EMA today. Good Recovery after 10 AM Buy: Risky trader: Buy at 1428. Target 1% Direct Gap-up entry should be avoided Get confirmation from any of the leading indicators before entering trade Kindy comment below in case of any clarification required on this particular idea. Please follow for more ideas “Confidence is not ‘I will profit on this trade.’ Confidence is ‘I will be fine if I don’t profit from this trade.” - Yvan Byeajee
NSE:CIPLALong
by Swinging_Inside_the_BAR
🚀 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 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