CIPLAA very good breakout has been given above the resistance level. Now uptrends can be expected. Sales are expected to continue if it falls below the resistance level
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0.7 USD
497.86 M USD
3.11 B USD
About CIPLA LTD
Sector
Industry
CEO
Umang Vohra
Website
Headquarters
Mumbai
Founded
1935
FIGI
BBG000Q4YY55
Cipla Ltd. engages in the manufacture and distribution of healthcare products and bulk drugs. It operates through the following segments: Pharmaceuticals and New Ventures. The Pharmaceuticals segment develops, manufactures, sells and distributes generic or branded generic medicines as well as active pharmaceutical ingredients. The New Ventures segment includes the operations of the two wholly owned subsidiaries, Cipla Health Ltd., a consumer healthcare company and Cipla BioTec Pvt. Ltd, which is into the business of Biosimilars. The company was founded by Khwaja Abdul Hamied in 1935 and is headquartered in Mumbai, India.
CIPLA Stock is facing resistance in daily time frame#CIPLA
Stock is facing resistance in daily time frame .Can expect good upmove once it breaks and sustains above the resistance.Keep on Radar.
Disclaimer:-All views are my personal and only for educational purpose.
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GO LONG ON CIPLAGo Long On Cipla. The Stock has touched the high of 1700. Now it stands corrected at Levels of 1475 i.e. 13% correction. Short Time Frames stand oversold. One can buy Cipla @ current Levels of 1475.00. Three Targets 1550, 1600 & 1700. One can buy accordingly with a strict Stop loss of 1403.00.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Neutral
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Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.