CIPLA trade ideas
Cipla ViewCipla almost prepared for big boom. It can trigger any time. Ready to RSI break out and chart too.
Cipla - Breakout?Cipla on verge of daily trendline, Volume is quite good and pharma sector too. Targets on chart...
Cipla - Bullish Wolfe WaveCipla has bullish wolfe wave on 30 mins TF. a small resistance zone above, lets see how it react there, Targets on chart...
Cipla forming triangle pattern on 1H time frameIf the minor trend line is broken price could touch major trend line
CIPLA - Breakout - Go longCIPLA has given breakout after consolidating for almost 20 days.
I would be buying this on first retracement near support zone.
buy cipla above 761 tgt 1.5% stop loss is 4 points please buy cipla above 761 tgt is 1.5% of stock value ( 11-12 points ) sl is 4 points
CIPLA - Darvas Box Breakout in process - Intraday/Short TermThis analysis is purely based on price action and Chart Patterns.
Another Idea of DARVAS BOX breakout is linked in this idea itself. Beginners can check that out for further understanding.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade setup is explained in image itself. Traders can take entry either on pull-back after breakout or on breakout directly.
Targets and SL is shown in image by green & red lines respectively.
Don't chase the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
buy cipla above 760 tgt 790 sl 745 positional & intradayplease buy cipla above 760 . very good breakout trade in hourly as well daily . target is 790 sl 745
CIPLA Might show an uptrend.NSE:CIPLA MACD is showing a start of the uptrend. However, PSAR signals are awaited.
CIPLA going to hit 790 soon?A strong volume in cash market of CIPLA and technical breakout at 758 level will show a strong quick jump to 790+ in prices.
Looking good for long. Stop loss will be 740.
CIPLA READY TO FALLSee chart of 15 mi and 30 in.tf. One by one stochastic starts going below 20. Hourly it is giving clear 123 sell signal.
Just waiting for the 30 min. stochastic to go below 20 and hourly stochastic to fall below 80. This is only technical view and not a trade call.
Is Cipla in Disribution Phase ?According to Price Action Cipla chart had good upstrend and now it is moving in a range 710 - 800 and it is stuck in range for quite long time. If it goes below 700 then it is downtrend will start.
Note: My Analysis is just for education purpose and not recommendation for buy or sell
CIPLAIm not an expert im just sharing my views on CIPLA for tomorrow
Im not responsible for any profit or loss this is not a recommendation
Head and shoulders pattern Only for analysis head and should pattern and
retested too will go down now onwards....
Cipla (A consolidation to continue ?)Cipla has been consolidating in a range for a while now. After trying to breach the 830 zone multiple times it is now again consolidating in that big range of 700-800. An experienced trader can surely look for moves within the structure and for others they would need patience for a breach of the structure before picking up a trade. A lower high formation was seen on the 9th of November, If the same is maintained then a short bias can be created and traded when the breach comes.
Things have started to turn towards the positive side, with many things working in India's favour like Increasing growth forecasts by different brokerage / research houses, companies delivering better than expected numbers for Q2, the expectation of having a vaccine soon has brought the Index to its all time high and things are just looking better. However we need to keep in mind that the markets are going up only on the expectation that things will be better, We need to see that even though the numbers for a lot of companies have improved they are still lagging the previous year on a half yearly basis and might de grow on a yearly basis as well, which clearly shows the valuations getting stretched even further. Volatility is here to stay until things don's look certain.
So trade with caution and never over expose.
