CIPLA trade ideas
Cipla's opening below long term downward resistance 03/06/2020purchase should be made if candle closes above 436-437 level. Yesterday, It closes below 55 ema and revert back from 1st resistance that is 450 level.
keep target at 450 and stop loss at 433
CIPLA NEAR PRZDISCLAIMER :
As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Not every idea is a valid trade.
This analysis is a trading idea, not a trading signal for you.
My own trend direction estimation, entry point, stop loss and take profit levels are on the chart.
Good Lucks.
Cipla - Bearish Bias - Can short at current levels.Cipla - Bearish Bias - Can short at current levels.
CIPLA LOOKS BEARISH TO MEPharma Giant Cipla is forming a classical Lower Top Lower Bottom Formation
Looks weak to me
Do ur own analysis before taking trades :)
Ascending TriangleMARKET ANALYSIS: Market have broke the triangle pattern, probably we may hit our targets soon. So lets wait !!
stockcipla had ascending triangle breakout confirms us at trend continue .rsi faces resistance of 60 levels.
CIPLA Price Near Resistanceprice touching 480 - 485 region and if you take a look at RSI it is very bullish and no bearish divergence till now so after confirmation of breakout we can enter in this trade
Cipla - Ascending Triangle breakout - Long TradeCipla - Ascending Triangle break out - Channel Breakout - Bullish engulfing candle..
CIPLA - LongLong @ CMP, SL and TGT on chart
1) Inverted H & S
2) Close above 100 EMA
3) Close above Ichimoku cloud.
