TradingView
Rachit_Sethia
Dec 21, 2022 7:41 PM

#CIPLA #BALPHARMA #GLENMARK #SANOFI #PFIZER #AUROPHARMA #NIFTY50 Long

NSE:CIPLA1D
CIPLA LTDNSE

Description

⋅
#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.

If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Trend AnalysisTechnical IndicatorsChart PatternsLUPINciplaSPARCSUNPHARMAsanofiGLENMARKPFIZERAUROPHARMABALPHARMA
Comments
Rachit_Sethia
⋅
it will be all good within one week and it is bullish..
cbose1983
⋅
my strike price ce is 1140...will it cover as per time line January
Rachit_Sethia
⋅
@cbose1983 it will cover up earlier
cbose1983
⋅
sir till it make reversal. .I m lossing 26 points ...shud I sell for minimizing the loss ...if yes which strike price if u sugggest
srikanthramnaidu
⋅
sir ji today closed at 1085 from 1145 continues fall? what's reason will it recover or goes down? carrying CE sir..
cbose1983
⋅
sir ...cipla view pls...I m trapped in ce 1140 jan ...
Rachit_Sethia
⋅
@cbose1983 within one week it will be good..
no trap
More