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Cipla

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Dec 19, 2012.

  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    cipla could be a good bet @ cmp 419.9, I already bought it today with stop of 400 for the target of 440-460.
    Sorry for delayed thread because of tight schedule.
     
  2. verenmitter2001

    verenmitter2001 Member

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    Thanks Sanjay for Cipla

    Regards
    Veren
     
  3. vinaya_hegde

    vinaya_hegde New Member

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    Hi

    Please can u tell me how u estimated the target ? is it Fibonacci retracement ??
     
  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    No it is not fib level, It is all about strength level of the stock which u can analyze by looking the previous move of script in chart.
     
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Cipla is rocking @ 426.60 made a high of 429.50
     
  6. vinaya_hegde

    vinaya_hegde New Member

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    i think cipla got resistance will not moving up...
     
  7. shabbir

    shabbir Administrator Staff Member

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    420 was resistance and that is taken out and so it should move up as well if it can remain above 420
     
  8. shwetagnema

    shwetagnema Active Member

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    is it right time to buy cipla at cmp 420 with stop loss 400 and target 435-440
     
  9. shabbir

    shabbir Administrator Staff Member

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    Yes it looks really good with SL of 400
     
  10. shwetagnema

    shwetagnema Active Member

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    thanks shabbir....thanks to you and your e-book, the person like me, who has no earlier connection with shares and stock, i'm now able to understand them and predict them too.
     
  11. shabbir

    shabbir Administrator Staff Member

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    I am over the moon when I hear comments like those because what you started an aim is achieved and it makes me go more harder at it.
     
  12. shwetagnema

    shwetagnema Active Member

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    cipla seems to make a W pattern. i hope it achieves its target soon
     
  13. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    It will I believe.
     
  14. monilhathi

    monilhathi New Member

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    Cipla could be bought with a 5-6 month view. There is a lot of room for it to move higher with minor corrections in between. It is forming higher tops.
     
  15. krasquinha

    krasquinha Member

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    Cipla is a good bet @415 ST 400 Target 460 .. please comment ..
     
  16. shabbir

    shabbir Administrator Staff Member

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    Stop should be 380 rather.
     
  17. krasquinha

    krasquinha Member

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    Thank you Shabbir for your advise ...
     
  18. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
  19. viraf53

    viraf53 New Member

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    what is your opinion about Bank of Baroda after bad results? I am holding 50 stocks @890
     
  20. vishuhd1

    vishuhd1 Member

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    Viraf,
    kindly start a new thread if you want to discuss the stock otherthan discussed in this thread.. :)..