CIPLA CHANNEL BREAKOUT AND FORMING CUP HANDLECipla broke long term Channel and doing retest on Daily TF
Cup and handle forming on 1 hr TF
Buy on dips till 1440-1445
Idea Invalid if closing below 1434 on Daily TF
Ciplabuy
Cipla fresh swing buyingWe can see more divergence in volume and more money flux in cipla. Trade with care.
Cipla-Intraday 06.05.2024- Bulls, Are you ready?NSE:CIPLA
Day TF
Healthy Hammer candle formed in day
15 Min TF
Price is under consolidation which is very good sign for further movement
Price has rejected from support level.
Price has reacted well with 200 EMA & 50 EMA today.
Good Recovery after 10 AM
Buy:
Risky trader: Buy at 1428. Target 1%
Direct Gap-up entry should be avoided
Get confirmation from any of the leading indicators before entering trade
Kindy comment below in case of any clarification required on this particular idea.
Please follow for more ideas
“Confidence is not ‘I will profit on this trade.’ Confidence is ‘I will be fine if I don’t profit from this trade.” - Yvan Byeajee
What you think about Cipla?? uptrend?as per my chart analysis in cipla. it took support in static and dynamic . 1066 is SL and 1302 is target
Buy cipla 5.5% upside move possible Cipla give us good movement in past days and now it also give us breakout .
Buy cipla at 1412
Target 1505 1580 1650
Sl 1366
🚀 Seizing Opportunities: Cipla's High-Reward Trade Potential!Embark on a journey into the charts of Cipla as we uncover a compelling trade opportunity, breaking down the analysis in simple terms for both new and experienced traders.
Current Market Dynamics 📊:
LTF (75 min): Cipla is currently positioned within the 75-min demand zone, characterized by a Rally Base Rally (RBR) structure.
ITF (Daily): The daily time frame indicates an upward trend at price trading at 20 EMA, a sideways movement when considering smaller swing levels.
HTF (Weekly): Zooming out to the weekly chart, there's a clear absence of resistance, setting the stage for potential bullish movements.
Trade Strategy 📈:
Zone Analysis: The 75-min demand zone is robust and presents a prime opportunity for a low-risk, high-reward trade.
Risk-Reward Ratio: Planning for a Risk-to-Reward Ratio of 1:4, ensuring a favourable balance between risk and potential profit.
Why This Trade Stands Out 🌟:
The 75-min demand zone serves as a stronghold for potential price movements.
The daily trend, Price trading at Daily EMA 20.
A lack of resistance on the weekly chart provides a favourable backdrop for an upward trajectory.
Final Considerations 🚀:
Cipla's current positioning offers not just a good trade but a high-reward opportunity. With a focus on the strong demand zone and a promising risk-reward ratio, this trade deserves attention.
Trade Smart, Trade Confidently! 💹✨
Disclaimer 🚨:
This analysis is for educational purposes only. I am not a SEBI registered analyst. Trade responsibly.
CLEAN BREAKOUT STOCK TO KEEP IN RADARBreakout Soon Candidate!
CIPLA
Always Wait for Breakout Candle
Risk Management!
1- If Breakout Candle is Wide Than SL will be BO Candle
2- If Breakout Narrow Than SL Will Recent Swing Low of the pattern!
Aur kuchh puchhna ho to aao kabhi haveli pe @ 8800611235
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CIPLA--Near its Bullish gap??Price is approaching the bullish gap area....
A strong fall is observed after a lot consolidation...
It may continue its trend to the upside...
If we observe a weakness in buyers to push the price up. Chance of fall back...until price breaks this demand keep in long view.
CIPLA--Bullish gap@1180??this stock is facing resistance @1280 range...
after turned to be bearish price testing the resistance by creating a bullish channel...
if this channel breaks and retest price fills the bottom bullish gap...
CIPLA--Near to Its Bearish Gap ??Observations::
After a strong fall from the area @1040 level,
price is coming back to the same zone with a strong consolidation @960-980 range.
we have a bearish gap left @1020 range.. will see if price fills the gap and again falls or not.
keep track this gap and levels.
cipla strong demand if price comes in this demand zone it will give a bounce as the zone is co-inside with weekly daily and hourly chart. its my analysis please learn dont trade
CIPLAOnly educational purpose . Cipla is trading between the channel as shown in chart . For long position wait for channel tasting best resistance 1200 best support 1000
ciplacipla trendline breakout intraday tgt buy between 1095-11 sl 1087 tgt 1110/1115/1122 long tgt for swing traders buy now sl 1085 tgt 1170/1250 within two weeks.
all above information are only for educational purpose only
CIPLA Expecting BreakoutCipla in consolidation Mode
Expecting breakout soon
Education Levels are marked
CIPLA LONGCipla breaking the trendline and going for a good upwards rally.
Possible target of 1000+ in this stock.
Trade safe. Manage your risk. Be profitable.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Cipla rocket above 960The stock is in consolidation from last 10 months.
Needed two consecutive closing above 1000
Target 1100.
Intraday up move above 960
Target 980.
Sl 950
Cipla target 780After a long rally, major consolidation happened in this stock. Now tested at higher prices but volume is not impressive to enter into stock so, no reason to buy for new buyers(they will wait for proper correction) unless any good news for pharma or stock the price struggles to move further. My view is neutral to short. It breaks the support and again raising to test once again. If there is no breakout or pullbacks happens try to short the stock with strict SL
CIPLA : READY TO GO CIPLA completed pricewise Correction on daily timeframe , timewise correction is Now subjective but Expected to start NEW Run from Current levels....CMP is 895 can go long for target 1080 sl 825 on closing basis
Ready For BreakoutReady For Breakout We can see the level of 940 easy
Note *This is only for information and educational purpose. Please consult your financial advisor before investing.
Investing has its risk and require professional advise, please do consult advisor before investing.
Cipla - swing tradeThe current Price action structure suggesting that the stock is might be moving towards its recent highs near 980- 1000 levels.
The said Probability will be valid as long as the stock is trading above 958 levels.
Cipla One can go long with Stop-loss of 955
All the key levels are mentioned in chart with Stop-loss and Targets
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
