LONG ON CIPLA AT CURRENT LEVELS! EXPECTING A BOUNCE TO UPSIDE!!!
buy cipla 580-560 sl 558 tgt 600-620-640-660
It is observed that after a impulse wave pattern, the stock is trying to make a bearish flag pattern on daily charts. Sell the stock on lower trend line break on retacement for the mentioned levels. Also mentioned in the Charts are the possible price action . one can also initiate a sell on the stock at higher levels( sell zone ) on some kind of a reversal...
buy if price closes above red line for a target of 41 rs per share
More Another Pharma stock looks ripe. BUy above 529 for targets 558 581 604 #CIPLA
Stochastic showing divergence in daily chart and weekly oversold as well. Entry 507 SL - 480 TGT - 546
All set for the new year bullish rally empty your pockets to fill some new longs...!
Cipla, the leader in respiratory therapy segment, is giving a major push to expand the market further through its latest mass campaign called BerokZindagi, that encourages people to opt for inhalers.
Need to quickly do TA - no time to write down, mostly the same technicals across the board.