Cipla give us good movement in past days and now it also give us breakout . Buy cipla at 1412 Target 1505 1580 1650 Sl 1366
Cipla daily Chat buy on dip first target 1374 & Second Target 1435..
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...
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...
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.
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...
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.
The stock is in consolidation from last 10 months. Needed two consecutive closing above 1000 Target 1100. Intraday up move above 960 Target 980. Sl 950