*CIPLA LTD* Time Frame: Weekly Observation: * W pattern formation Breakout. *Lifetime High Breakout. Resistance/Target: 1148 1231 1313 1364 Support: 1st 1014 2nd 890
1) The US recession talks are rising day by day. The recession is to come, we just don't know when, but it will come. 2) Inflation is at an all-time high. The IT sector is tanking like anything. 3) The Pharma sector is known to be recession-proof and inflation-proof. People will never stop spending on medicine and healthcare, no matter how expensive it gets. 4)...
we are looking CIPLA will move up. this is not a trade advice. we are sharing this for only education purpose only.
#APLLTD NSE:APLLTD NSE:APLLTD CMP: 725 Target: 815 SL: 700 RR > 3 TF < 3 months Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Cipla in consolidation Mode Expecting breakout soon Education Levels are marked
Chart is self explanatory. Target based on Fibonacci. Follow us across social media!!
Cipla is giving breakout almost after 1 year. Expecting good move from here
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Cipla breaking the trendline and going for a good upwards rally. Possible target of 1000+ in this stock. Trade safe. Manage your risk. Be profitable. Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
The stock is in consolidation from last 10 months. Needed two consecutive closing above 1000 Target 1100. Intraday up move above 960 Target 980. Sl 950
Here are a few stocks that could be good candidates for long positions with a swing/positional view for the first week of 2022. What are your favourite picks?
After a long rally, major consolidation happened in this stock. Now tested at higher prices but volume is not impressive to enter into stock so, no reason to buy for new buyers(they will wait for proper correction) unless any good news for pharma or stock the price struggles to move further. My view is neutral to short. It breaks the support and again raising to...
Today saw a sharp first-half selloff followed by a 50% recovery in the PM session. Could this be the first hint of the beginning of a short covering by the bears? Either way, Nifty and Banknifty, along with large caps, might be at good levels for accumulation. What's your view?
Cipla weekly chart shows price is at a crucial point just standing on the 200DEMA line. Stock has been in the range of 873-1006, which currently is at the bottom of the range. Crucial to hold 200DEMA to move up, if breakdown then may move towards the lower range marked in the chart. *Only for educational purposes, not a buy/sell recommendation.
1. Pharma at Support level 2. Covid Resistance 3. PE/ROCE is less than 2 (.65) 4. receieved max no of approvals n last 3 years 5. near mean volume price 6. MACD going up toward + RSI is picking up Target open 30% upside from now