Cipla double bottom target confirmed.cipla can reach 1500 safe investment chance till 1500
stop loss below 1000
CIPLA trade ideas
Cipla Ltd. We share charts for educational purposes only. Always analysis before investing and pre-decide your stoploss and investment for long term.
CIPLA REVERSAL POSSIBLE Cipla has formed hammer near longtime monthly support
It can bounce back till 979 and 1057
sl can be 850 weekly close
risk reward 1:1
risk 6% target 7%
weekly rsi has turned from low
keep position in check
wealth generation means longterm
keep doing sip in niftybees
CIPLA MONTHLY BIG DEMAND ZONE 834 848 As base on demand Zone Cipla have very good demand 👍 MCB 834 848
We should go long from here to see Upside 5/10/20% as Pharma index also moving up from support 11500.
It's pure demand Zone view- structure Valid till demand Zone safe on monthly closings basis.
CIPLA--@Monthly Resistance ??CIPLA at monthly resistance zone...
A break is observed from this zone in daily time frame...
failed to close above the resistance...may lead to fall again...
on bottom side observed a bullish gap left...
After filling the bearish gap...price moved drastically to upside.....
keep watch this stock...if any rejections from resistance will go for short.
CIPLA--Near to Its Bearish 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.
Sell signal in CIPLA
It seems like Cipla has touched last swings high couple of days back, if that so, it should give 3-4% profit on the down side.
Cipla formed a channel pattern Cipla formed a channel pattern and following with 2 resistances so if market open flat and break either side than take the trade
CIPLA : Cup and Handle breakout : 8-10% up-movePromising up move. short term target 1000/-
Cup and handle breakout and BO retest done.
Long CiplaFirst time using different technical approach for this trade.
Weekly and monthly is on bull trajectory. Daily is inside the rising channel and rejecting at upper channel
Expectation is that it will come down to test the bottom channel. But Hourly is also making bullish price action. so successful test of any hourly zone will trigger an entry.
CIPLA Chart Looking good at current LevelsOn daily Timeframe analysis CIPLA Chart is making cup and handle pattern at major levels If it breaks down side good fall expected but in bullish major resistance levels are there.
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.
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
CIPLAConfluence:
=About to break market structure
=Market space
=Past 9 days in range
LONG above 926
Disclaimer
ONLY FOR EDUCATIONAL PURPOSE.
INTRADAY IDEA ON 20-04-2023in CIPLA we will take a long and short trade this content is made for learning and educational purposes only
CIPLAPharma sector is allready in downtrend,cipla is high weightted stock to grow more Pharma sector.Cipla Making good candlestick in weekly time from the support zone
Cipla ready to moveStock can move to 978 if sustain above 967 but becoz sentiments nagetive in market if it breaks 956 it will give a move to 944
Cipla Weekly Analysis Cipla Stock is its support Level and taking a good support. With a beautifull Hammer candle but there is no vol activity so it mabe risky,,,,,,,
But keep eye on this stock. when you see a opportunity grab it.
Do your own Analysis First......
#CIPLA... Looks good for 27 mar 23#CIPLA... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
BUY SIGNAL IN CIPLA
String buy signal in Cipla, if it works out , we should eb able to see around 10% gain from here
