Cipla Has given a Daily Channel BreakoutCan BUY CIPLA for a TGT of 1000 it has given a Breakout on Daily Charts
Cipla
Cipla ltdAll key levels are mentioned in chart
which really works as supports as well as resistances
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
NSE CIPLAI ANALYSIS IN THIS CHART SAVE MY PURPOSE IDEA FOR
NOT PRIVATELY!
USE AND FOR ALL TRDINGVIEW USERS AND BEGINNERS!!!!
I MENTION THIS NEUTRAL(INGOGE IT NEUTRAL), cipla was long
CIPLA 25th Jan set upLong and short opportunities shown with target levels ( dashed line) and important resistance/support levels
GOOD TIME AHEAD FOR SUNPHARMASUNPHARMA is in wave 3 which is very bullish. it might correct more from here but in coming weeks i am super bullish on sunpharma.
we are currently in (sub-wave 2) of Main Wave 3.
Note: All views here on this platform are for education Purpose.
Cipla getting ready for 880 targetCipla consolidating from a long time after breakout and now ready for other upmove. close above 839 is a good buy
Cipla sweet target of Rs. 827 Cipla with good volumes can touch Rs. 827 in December.
What are we talking about:-
Cipla will touch Elliott Wave 3 starting point of Nov 10, 2020 - to Rs. 810+ with Gann fan support can even touch Rs. 827 in December.
Price movements will be slow - but we have a cyclic harmonic pattern suggesting us that Dec 7/Dec8 will be an important date for this stock
After this there will be a correction that falls with Nifty correction as well
CIPLA Breakout Setupprice made decent breakout of the range ( 820 - 830 ) big resistance and candle also made good close above the range
Range breakout 820 - 830
Buy : 815 - 830
Stop : 724
Target : 880 , 950 , 1000
Cipla - Short term pull back expected Cipla is showing negative divergences on a 15 minutes time frame.
Ideally, when price makes a new high and RSI fails to make a new high, it gives a good signal for a short term pullback.
However, pharma is in a strong bull rally, so entry and exit should be real quick.
Target 1 - 810
target 2 - 795
buy cipla above 829.05 tgt 949 sl 790as you can see in chart cipla is trading in box . and total value of box comes around 120 points . delivery buy cipla above 829.05 tgt 949 sl 790 ( keep alert of price )
R-0234 CIPLA breaking out from ascending triangle on daily chartCMP 820 (JAN EXPIRY) TGT 870/910 SL 772
#It is near all time high 829.
# short term moving average is above medium to long term average.
#Pharma sector is outperforming in last few months.
#DMI indicator turns bullish on the daily chart.
#RSI and MACD also indicates strength on daily and weekly chart.
Cipla ready for breakout - Rs. 800++Looking for good trade? - Cipla is ready for breakout target Rs. 825++
CIPLAI'm not an expert I'm just sharing my views on CIPLA for next trading day
I'm not responsible for any profit or loss this is not a recommendation
Cipla ViewCipla almost prepared for big boom. It can trigger any time. Ready to RSI break out and chart too.
Cipla forming triangle pattern on 1H time frameIf the minor trend line is broken price could touch major trend line
