cipla 15 min cipla is in bullish trend, in 15 min time frame a beautiful cup and handle pattern if it above if can move upto 990 to 1000
CIPLA trade ideas
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 Buy short termbreak out with good volume in first 15 minutes that means that may big fish have bought this & there is having chance to go up...
cipla longHi traders.
I shared my analysis on Cipla based on technical factors.
You should analyze your point of view before executing trade
Cipla- breakout with high volume at 38% Fib levelThese are my thought process. I was bit late to identify this breakout. Enter at your own risk. Cheers :D
Cipla - Long Setup
For Education Purpose - Cipla looks good for long setup. Can move towards 925, 960. Stop 870
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
CiplaBuy Cipla with SL as marked trendline. support zone marked as green.
This is just for an educational purpose.
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.
Bullish after a retracementStock seems to be bouncing back from a support zone...next high formed will be as give in the image...this is my speculation..for the last 3 quarter stock seems to be performing well...and it have a good pitrosky score... Karnataka gov is pushing cipla to produce more remidisiver( they couldn't make the promised delivery) so they will try their best to increase the production...which can increase the profitability of the company... fundamentally... technically...stocks seems to in a good buying zone now
CIPLA : LONG -INTRADAY (Support and Resistance) 17-05-2021CIPLA just reached back from its strong resistance level. Currently, it is at its support level. It tried to break the support level but, failed.
LONG it and the target will be till resistance. Stop Loss is mentioned in the chart.
If it breaks down the support level, SHORT it and target will the next support level.
DISCLAIMER: This is a technical analysis. Market News can affect this analysis. Do your own research before trading.
Cipla at SupportCipla has Retraced to Fibbonacci level of 0.382. Also has strong support at 870 levels. Should Resume the Uptrens
