CIPLA trade ideas
Cipla - Resistance BrokeSupport Levels: 435, 431, 427
Resistance Levels: 445, 449, 455, 458,462, 464, 472
Trendline Support Levels: 433, 417
Trendline Resistance Levels:NA
789 break of 447 triggers further downsideDont trade in this stock; this stock is not trader friendly
if short, Keep compulsory SL
CIPLA OPPORTUNITY 10 TO 15%CIPLA HAS A GOOD OPPORTUNITY FOR ONE MONTH INVESTMENT, WITH STRICT STOPLOSS
Sell Cipla below 474 for 2% TargetBuy Cipla above 482 SL 474 Target 495
Sell Cipla below 474 SL 481 Target 465
Trend: Sell Side
Cipla Chart (1D)Black Line denotes RSI DIVERGENCE(BULLISH).
Blue Line Represents Trend Line.
Pattern represents Bullish Crab Pattern.
Analysis:
Buy above 483.5
Targets are 484.5,486.9,504.75,505.9,510,511.7,518.3,525.85,527,533.6++
SL-477.45
879; Expecting 461 as reversal zoneIt may happen or may not happen or overextended that zone; Hence SL compulsory
