CIPLA trade ideas
INTRADAY IDEA ON 20-04-2023in CIPLA we will take a long and short trade this content is made for learning and educational purposes only
CIPLAPharma sector is allready in downtrend,cipla is high weightted stock to grow more Pharma sector.Cipla Making good candlestick in weekly time from the support zone
Cipla ready to moveStock can move to 978 if sustain above 967 but becoz sentiments nagetive in market if it breaks 956 it will give a move to 944
Cipla Weekly Analysis Cipla Stock is its support Level and taking a good support. With a beautifull Hammer candle but there is no vol activity so it mabe risky,,,,,,,
But keep eye on this stock. when you see a opportunity grab it.
Do your own Analysis First......
#CIPLA... Looks good for 27 mar 23#CIPLA... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
BUY SIGNAL IN CIPLA
String buy signal in Cipla, if it works out , we should eb able to see around 10% gain from here
Cipla may bounceCipla trying to hold multiple support levels a bounce can be expected from these levels
Chart is posted for just educational purpose
Cipla : A cure to unhealthy portfolio ?CIPLA
Cmp 880
Near support zone 850--870
870 coincidence with 0.786 Fibonacci level
Buy on strong candle formation at support
TGT : 1000-1080+
SL below 850 closing basis
One can also short upon breakdown of support zone for the target of 700.
Note: Just an idea not any recommendation to buy or sell the particular stock. It's just for education purpos to mark the target and SL technically.
Comment your views on this and correct me if wrong.
inverted hammer pattern in CIPLA LTD inverted hammer / bullish harami pattern at support in cipla ltd on 1 day time frame,
and there is also volume breakout.
one can expect upmove from here,
CMP = 881.75
target 1 = 907
target 2 = 945
SL = 869
THIS IDEA IS FOR EDUCATIONAL PURPOSE , TRADE AT OWN RISK.. NSE:CIPLA
cipla buy in 871-859 zonecipla can be long in given 871-859 zone
1st its day tf demand zone
2nd its covid low to high .382 level
stop loss day/week closing below 849
target zone is 949-955
short 1007 target in few days 1007 target in few days as weak showing in chart of minimum target of 1007 as it 1st support ..............................................
Channel breakdown Channel breakdown, I'm entering aggressive, can wait for retrace for extra assurance.
Cipla seems to be going down
With a Gap down while already showing weakness, Cipla seems to be going down. The only thing goes in its favor is that it is already near its major support. So if if we go short, it will be for very short term.
CIPLA SWING TRADE 1 HOURHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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CIPLA
Daily : Major daily trend is up.
1 hour : 1 hour trend is down but stock is showing chances of reversal. Stock is consolidating and taking multiple times liquidity from below and giving signal of going up.
*Wait & look for an opportunity and we could see an upside movement.
THANK YOU !!!!
Cipla Long Swing and investmentCipla bouncing from channel bottom.
Also broken resistance trendline, can move up till center of channel or may be till top too.
Can long aove 980 for targets of 1020, 1070 and 1120+
Add more near 940-950 if it comes.
SL 924
Pl like and follow.
Saptarish Trading.
CIPLA Long OpportunityIf price will comes at entry level before reach at target level then go long.
Trade at your own risk.
short of target 1054Perfect head & shoulder pharma sector also made h&s go for short with sl , pharma sector chart shared below this also
CIPLA bearish support broken RSI below 40 in hr tfCIPLA weekly time frame already seen bearish candle,,,, RSI in hourly pattern rejecting 40 level... swing support of 1081 broke it may touch 1002, 964 level fib retrcmnt 0.786
#CIPLA #BALPHARMA #GLENMARK #SANOFI #PFIZER #AUROPHARMA #NIFTY50#CIPLA
NSE: CIPLA
CMP: 1128
TP: 1250
SL: 1080
TF: <6m
RR > 2.5 times
Return > 11%
THYROCARE CNXPHARMA LUPIN NSE: CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER
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 Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
