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Technicals for Cipla Limited
By MusingTheNews
2025-10-17 20:29
Overall Technical outlook
Price Summary
Cipla Limited's stock started the year at 1565.3, climbed to a high of 1582.1, fell to 1558.4, and closed 0.79% higher at 1577.6, with 1221943 shares traded on 2025-10-17. The stock reached its highest price of 1601.2 and its lowest price of 1384.7 during the 52-week period. The future price of CIPLA is projected to range from 1320.0 to 1875.0, with an average expected price of 1680.1666, according to 36 analysts.
Technicals
Support and Resistance: At 1577.6, the price is supported by 1559.4 and resisted by 1601.2. This indicates that the price for Cipla Limited might fluctuate between these levels, with 1559.4 acting as a support and 1601.2 limiting further upward movement. Support/Resistance for CIPLA
Aroon: Aroon's bullish trend continues, with Aroon Up at the 100 level, indicating strong market momentum. However, further analysis with other indicators is essential for CIPLA to assess the trend's long-term viability and potential for continued growth. Aroon chart for Cipla Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Cipla Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for Cipla Limited
Stochastic: The stochastic indicator shows bullish conditions, with the K-line positioned above the D-line and exceeding the 80 level. This setup suggests strong upward momentum, indicating that the market may continue to rise. Investors might view this as a favorable sign for continued growth. Stochastic chart for Cipla Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for Cipla Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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