CIPLA trade ideas
Cipla - Double TopCIpla has double top and it need to break neckline for confirming pattern, Presently getting daily trendline as well as RSI trendline support. If it broke trendline and neckline then will get a good opportunity for short. For now it seems it wll reverse from here as trendline is supporting it.
*Retracement of 78.6 at trendline support shows a reversal .
CIPLA :03 SEP 20 :JUST LOOK AT FIGURE AND JUDGE WHAT MIGHT BE THE PATTERN APPEAR?
SEE ALL MY PUBLICATIONS, IT TAKES AT LEAST 30 TO ANALISE FROM DIFFERENT ANGLES, IF THE ANALYSIS SEEMS TO GIVE BOTH KNOWLEDGE AND PROFIT, THEN ONLY LIKE SUBSCRIBE AND SHARE TO YOUR FRIENDS.
ITS GOING TO FORM CUP AND HANDLE PATTERN.
Cipla Ltd - WEEKLY CHART VIEW!!#CIPLA
Cipla Ltd. made a retest to the long term breakout area and presently taking support right at support zone.
Likely to stay positive until the stock holds 740-750 zone on daily closing basis.
Volume setup and technical parameters looks positive as of now.
Break below 740, we may see 690-700 zone in the near term.
Cipla Intraday Opportunity Narrow CPR - 17-Aug-2020We can trade this stock for indraday because it has Narrow CPR on 17-Aug-2020 . You can Buy near CPR if it's trade above CPR or Sell if it's trade below CPR and Book profit near R1, S1 or trailing for more profits
R1 - 788
CPR- 770
S1 - 753
Must comment if it's work for you.
If you want youtube tutorial video on Narrow CPR, you can request in the comment box