CIPLA trade ideas
INTRADAY buy @ 585 SL 580 tgt 597/615/623 sell below 567 tgt558INTRADAY buy @ 585 SL 580 tgt 597/615/623 sell below 567 tgt562/558 sl 569
CIPLA DOWNWARD BREAKOUT LIKELYCIPLA if breaks below 588 can be a good sell, if the breakout is with above average volumes. Simple Chart formation, simple visual analysis
CIPLA - Probable Downfall in coming session(s) - POSITIONALCipla seems to have a bearish sentiment. Broken the Channel and the Monthly zones with good volume. Expecting it to fall further (a retracement to the red line is quite possible). Will be entering short basis candlestick pattern and if it shows rejection below the red line for a TGT of about 521-525.
Entry would be mostly around 585 (near to the red line, if retracement is seen), SL above 603.5, TGT: 521-525.
Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
Note: All the values given are in CIPLA spot price chart. And also please note this is Positional analysis and is NOT for intraday
This can be followed by a long entry later on after completion of a Harmonic Pattern, will be updated later if a good entry is seen
Cipla expecting further downsideCipla appears weak and there might be furhter downside after a pull back
#CIPLA @Cipla_Global #CNXPHARMAShortTerm Target Rs. 462
LongTerm Target Rs. 485
StopLoss Rs. 437.5
CMP Rs. 447.10
SUPPORT & RESISTANCE
Cipla ~ Pullback over on this counter?I have been bearish on pharma since mid of April, (you can see my AURO Pharma analysis posted sometime back). Now here cipla looking for juicy short,as long as 680 not broken decisively.
Target 1 -322.
cipla rangecipla is currently in accumulation zone and also cipla momentum go down as per my analysis if cipla break 670 or below 670rs if cipla close so cipla weak... keep in radar...
cipla fill gape in future 429-470 gape
Bearish | Cipla |Daily time frameHey, I have developed a mathematical tool to find top and resistance. The give 5-6 signals in a year in one security (Daily time frame).
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LOOKING FOR SHORTITS IN COMPLETE DOWN CHANNEL AS PER THE DRAWN LINE.
PRICE MIGHT B COMING TOWRDS UPPER TRENDLINE ,LETS SEE HOW IT WORKS,EITHER BREAKUP OR AGAIN BOOM DOWNSIDE.
CIPLABefore the technical analysis, Please do like comment and follow.
In the Hourly time frame, there is a half-circle pattern formed. Take entry after the breakout is done, Easy target will reach when the breakout is done, but target will reach after the retest. Do wait for the target. A breakaway gap is there, as well as target, is also in the gap so it will fill the gap and it reaches the target
will cipla going to make new high ?as far trend is +ve / volume is good corrective move was expected after ,its now ready to again track
!!!-_-!!! CIPLA TREND - COMING SOON (TREND MIGHT LAST LONGER)These are my personal views as i FEEL there might be a minor reversals may be due to anticipated profit bookings.... Mainly cos retail traders dont really let their profits run completely...
But i see biiig smart money interest in this stock and sector...
My views for this stock is for more than 3- 6 months... good returns can be expected...
POSITIONAL LONG ::: CIPLA :::Technical analysis on FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits / losses what so ever .
CIPLA Buy for 435Break of a Trendline. FIBO Support and Breakout of Price Range.
Buy above 409 for a Target for 435 with and SL of 397 in CASH.
