CIPLA trade ideas
Cipla..... bearish flag in the making ???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 pattern. stoplosses will be mentioned once the trade gets triggered.
plan your trades & then trade the plan .
happy trading !!!
Cipla LongStochastic showing divergence in daily chart and weekly oversold as well.
Entry 507
SL - 480
TGT - 546
READY FOR THE BULLISH RUN...!All set for the new year bullish rally empty your pockets to fill some new longs...!
RETRACEMENT PERIOD FOR CIPLA TO GAIN BACK ITS BULLISH MOMENTUM.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.
CIPLA - Fib Buy off earningsNeed to quickly do TA - no time to write down, mostly the same technicals across the board.
Expiry Strategy: Sell 680 SEP call @ CMP 2.4Bea rush engulfing in weekly chart would keep the sentiment in bearish bias for this week. Expect Sep contract to expire below 680.
BUY cipla for long term target 800++ CMP 663620-640 is important level for Cipla long term
Market has broken and trading above big resistance
and looking for GOOD up move to 750-800 ++
Cipla can buy for long term target 760-800 CMP 663 2-3 months tiCipla can buy for long term target 760-800 CMP 663
2-3 months time frame
this can be correction or impulse
minimum target will 760-800
Cipla can buy for long term target 760-800 CMP 663 2-3 months Cipla can buy for long term target 760-800 CMP 663
2-3 months time frame
this can be correction or impulse
minimum target will 760-800
