CIPLA trade ideas
Cipla- Good long setup. 15m analysis.Cipla is looking very bullish around these levels. Breakout with good volume. The target of 2 pivot points can be taken.
The risk to reward ratio of 1: 1.75.
CIPLAI'm not an expert I'm just sharing my views on CIPLA for next trading day
I'm not responsible for any profit or loss this is not a recommendation
Go short if open flat or almost flat and cross level Go short if open flat or almost flat and cross level
Symmetrical Breakout In Cipla - Expecting a move till 860--900.Cipla has given breakout above Symmetrical Triangle.
Expecting a move till 860--900.
Bull Call Spread on Cipla
+1x 31DEC2020 800CE - ₹ 18--20
-1x 31DEC2020 860CE - ₹ 5.00-6.00
Max. Profit - ₹ +60,320
Max. Loss ₹ -17,680
Max. RR Ratio 1:3.41
Breakevens - 814.0
Estimated Margin/Premium - ₹ +35,804
Cipla - Flag breakoutOne of the best rated and widely owned by DII's pharma companies.
Cipla had a flag breakout with high volumes.
Long at CMP with SL below 775.
Target new 52 week high.
CIPLA LTD DAILYBearish BAT
End of Rising Market- a narrow spread gapped up bar on Ultra High/Very High volume closing in middle or off the high having a strong bull run in the background. AS the market is gapped up and approaching at previous resistance then this is an even stronger sign of weakness..Here previous Resistance is HIGH of ULTRA HIGH VOLUME Candle i.e vertical dotted lines..only if this candle closes with NARROW SPREAD then Trade No Demand or Up-thrust short with market order, after the End of Rising Market & place the stop loss at the previous resistance
ELSE if candle close will be WIDESPREAD then
expecting Reversal from BIGGER BEARISH BAT
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.
