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Technicals for Cipla Limited
By MusingTheNews
2025-06-13 20:29
Overall Technical outlook
Price Summary
On 2025-06-12, Cipla Limited's stock began at 1527.0, peaked at 1537.9, declined to 1494.5, and ended the day -1.58% lower at 1502.8, with 1198966 shares traded. Over the course of 52 weeks, the stock peaked at 1680.5 and hit a low of 1384.7. 36 analysts predict that the future price of CIPLA will be in the range of 1280.0 to 1875.0, with a mean expected price of about 1648.6666.
Technicals
Support and Resistance: The current price of 1502.8 for CIPLA finds support at 1494.9 and resistance at 1529.1. These levels define a range in which the price might oscillate, with 1494.9 as a potential support and 1529.1 as a resistance level. Support/Resistance for CIPLA
Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding at the 100 level for CIPLA. This shows strong upward momentum, but further analysis using additional indicators is necessary to determine the trend's sustainability and future potential. Aroon chart for Cipla Limited
Bol. Bands: The price dropping below the upper Bollinger Band suggests a possible bearish shift. This signal might indicate that the asset's recent bullish trend is weakening, and a decline could follow. Traders often see this as a sign of an overbought condition, where a correction is likely, making it an essential point for decision-making in trading positions. Bolinger Bands chart for Cipla Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Cipla Limited
Stochastic: The K-line for CIPLA has dipped below the D-line on the stochastic indicator, while remaining above 80, suggesting that a bearish price move might be beginning. This pattern could indicate that the market's upward momentum is fading, possibly leading to a decline. Investors should keep an eye on this potential reversal. Stochastic chart for Cipla Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for CIPLA, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Tripple SMA chart for Cipla Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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