See chart of 15 mi and 30 in.tf. One by one stochastic starts going below 20. Hourly it is giving clear 123 sell signal. Just waiting for the 30 min. stochastic to go below 20 and hourly stochastic to fall below 80. This is only technical view and not a trade call.
EITHER THE PRICE WE WANT TO BUY AT OR NO TRADE AT ALL GOOD LUCK
According to Price Action Cipla chart had good upstrend and now it is moving in a range 710 - 800 and it is stuck in range for quite long time. If it goes below 700 then it is downtrend will start. Note: My Analysis is just for education purpose and not recommendation for buy or sell
this is for only education purpose
Only for analysis head and should pattern and retested too will go down now onwards....
Cipla has been consolidating in a range for a while now. After trying to breach the 830 zone multiple times it is now again consolidating in that big range of 700-800. An experienced trader can surely look for moves within the structure and for others they would need patience for a breach of the structure before picking up a trade. A lower high formation was seen...
One can wait for the trendline retest and rejection and enter PE buy position
This analysis is purely based on price action and Chart Patterns. The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days Trade strategy is explained in image itself. Don't run after the price. Always plan your trade & trade your plan Keep trailing SL accordingly once entered into the trade. Trade at your own risk and...
This analysis is purely based on price action and Chart Patterns. The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days Trade strategy is explained in image itself. Don't run after the price. Always plan your trade & trade your plan Keep trailing SL accordingly once entered into the trade. Trade at your own risk and...
Cipla 1 Month Chart: India Buy & Hold A Profit & Solutions Strategy
Can be sold below 785.0 for Intraday! Note: I'm not SEBI registered. This post is just for educational purpose.
Cipla - It is in C of Y wave down. Sell with stop loss above 829 for C wave for target below 730 to 700 zone.