PHARMA IS IN TREND , Cipla making small base , RS as per marketsmith is 63
CIPLA NEAR TO WEEKLY HIGH..HIGH VOLUME AND ATR INDICATING FOR BIG MOVE...1st Target 1698 2nd target 2048..duration 6 months
Indian stock cipla future is taking reversal from bottom in weekly chart.it was also a good demand zone. We will see 1100/1250 levels very soon . Future of medical sector in India is very good. So we can make a long position in Indian medical stock cipla.
We should see some more upward movement in Cipla. Should rise up to 927/ 932. Imp levels mentioned on the chart.
Busy Cipla above PDH. Should give a good upwards move. Imp levels mentioned on the chart
We should see Cipla fall by the 1050 by the 6th of Jan. Cipla looking at a fall soon.
CIPLA broke the trendline RSI 50 level is failed in hourly time frame it may test lower fib level before its higher tf retracement complete
Cipla should have rangebound day. Cipla should open higher than pivot. If it does that, we may see a upwards movement up to 1142. May dip thereafter. However, if the entire market react negatively, we may see a dip in Cipla too.
We should see Cipla rise up to 1145 by the 27th of Dec. Cipla rising against the trend of the overall market.
We should see Cipla open below pivot and fall up to 1091 / 1086. This will happen only if Cipla opens below the pivot.
We may see Cipla fall on the 21st of Dec. Should fall up to 1076. Time to go short
Cipla should show a good up move on the 3rd of Oct. We may see Cipla open slightly below pivot at around 1108 and then move up to 1115 -1122 levels in the day.
Cipla should cross it's lifetime high on the 29th / 30th of Sep. We should and can go long in this scrip.
Cipla - Can go long in this scrip. It's raring to cross it's lifetime high.
Cipla looks like it will have a mildly -ve to no action day. Imp levels mentioned on the screen.
We may see Cipla reach 1080 by the 16th of Sep. Looks strong. However the momentum is till missing. Need to watch for the next 2 days.
Cipla Futures made flag pattern on daily charts & trading above breakout level with good OI addition of over 2.5% as well as trading above 9-21 MA & above middle bollinger band. Could be bought positionally with stoploss of 1025 & minimum targets of 1075/1095
We may see Cipla cross 1006 by the 27th of May. Cipla is in a strong up move