CIPLA trade ideas
Cipla view from 1 June 2020Cipla has tested the Historical S = R Zone .. also fib retracement to fib .23 level . Upward Also it is trending at monthly Uptrend level possible uptrend till resistance or the highest level is reached . also good buying volume present
Out from its ZoneCipla is out from its tight few days trading zone and ready for near take off...Don't underestimate a power of bullish candle with breakout, it will be good Monday Morning with cipla pill.
CIPLA SHORT TRADEAfter gaining 75 points in a parabolic move cipla is ready for a correction
TARGET 600
STOPLOSS 640
flag breakout on weekly there is a flag pattern breakout. one can go long at 640 for a target of 677 and 745 with a stop loss of 620
CIPLA - Possible Moderna -Got a ticket to ride?Don't know if its the hope of a Covid vaccine or just good fundamentals and hype but this stock is going up and wouldnt be surprized if it 2X from here before coming back down .
As you see it bounced perfectly from a confluence of support on high time frame and uptrend line on the monthly.
Buy the Dips !
Levels on chart.
Golden cross already happened on LTF and looks to be flagging now, id be buying big at major support levels if you miss out buy the retest.
Peace!
CIPLA - Strong trend-line resistance CIPLA is on strong uptrend from past couple of days, however currently at strong trend-line resistance.
Incase if gap-up opening above resistance ans sustains, go for clear long.
Incase if pharma sector is -ve in next trading session, we can consider for shorting opportunity.
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Painting #CIPLA stockThis is for fun, please let me know what you guys see in this chart :)
I see there is big tall tower coming next as usual or the road is closed.
Cipla Ltd (CIPLA - India) - Updated EW count Cipla Ltd (CIPLA - India) is in 5th wave of 1st wave of C up as shown in chart. After completing wave 1, wave 2 correction will be deeper.
