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Technicals for Cipla Limited
By MusingTheNews
2025-04-25 20:29
Overall Technical outlook
Price Summary
Cipla Limited's stock started trading at 1556.0 on 2025-04-25, climbed to 1566.7, fell to 1513.5, and closed -1.93% down at 1525.9, with 1353386 shares traded. Over the past 52 weeks, the stock reached a maximum price of 1680.5 and a minimum price of 1339.55. Analysts expect the price of CIPLA to vary between 1204.0 and 1875.0, with an average expected price near 1640.919.
Technicals
Support and Resistance: The current price for CIPLA is 1525.9, supported at 1465.5 with resistance at 1533.9. This indicates a trading range where 1465.5 might prevent further declines, while 1533.9 could hinder additional gains. Support/Resistance for CIPLA
Aroon: The Aroon indicator continues to show a bullish trend for Cipla Limited, with Aroon Up holding at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation. Aroon chart for Cipla Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for CIPLA, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for Cipla Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for CIPLA. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Cipla Limited
Stochastic: The stochastic indicator shows the K-line dropping below the D-line but staying above 80, indicating the possible start of a bearish price move. This setup may signal that the market's recent momentum is waning, which could result in a downturn. Traders should remain vigilant for additional signs of weakness for Cipla Limited. Stochastic chart for Cipla Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for CIPLA. Tripple SMA chart for Cipla Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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