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Buy cipla

Discussion in 'Technical Analysis' started by jignesh_acharya, Jan 28, 2015.

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  1. saptarshi_sachin

    saptarshi_sachin Responder

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    Yes Shabbir I am OK with holding till 600 is not breached.
     
    saptarshi_sachin, Feb 10, 2015
    Share #21
  2. jignesh_acharya

    jignesh_acharya Active Member

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    600 is last hope. If it starts to consolidate then can we think of average down?
     
    jignesh_acharya, Feb 10, 2015
    Share #22
  3. shabbir

    shabbir Administrator Staff Member

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    Only if you know what you are doing. I don't prefer averaging and you can know why here
     
    shabbir, Feb 10, 2015
    Share #23
  4. saptarshi_sachin

    saptarshi_sachin Responder

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    Cipla today managed to close at 640.
    Remains to be seen if it can hold onto these levels at least.
     
    saptarshi_sachin, Feb 11, 2015
    Share #24
  5. shabbir

    shabbir Administrator Staff Member

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    Yes.
     
    shabbir, Feb 11, 2015
    Share #25
  6. saptarshi_sachin

    saptarshi_sachin Responder

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    Cipla results tomorrow Feb 12.

    Crucial for its fate...
     
    saptarshi_sachin, Feb 11, 2015
    Share #26
  7. shabbir

    shabbir Administrator Staff Member

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    Waiting for the news to breakout can proof fatal as well.
     
    shabbir, Feb 12, 2015
    Share #27
  8. saptarshi_sachin

    saptarshi_sachin Responder

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    Yes but little can be done. Cipla still below 640.
     
    saptarshi_sachin, Feb 12, 2015
    Share #28
  9. jignesh_acharya

    jignesh_acharya Active Member

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    Cipla recovered today @662 (Up 4.07%), but results came now and it missed the expectations
    Don't know what will happen tomorrow
     
    jignesh_acharya, Feb 12, 2015
    Share #29
  10. shabbir

    shabbir Administrator Staff Member

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    Fingers crossed.
     
    shabbir, Feb 12, 2015
    Share #30
  11. jignesh_acharya

    jignesh_acharya Active Member

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    Yes again fingers crosses. Profit has been increased by 15% and OPM increased by 200 bps but seems that it missed market expectations
     
    jignesh_acharya, Feb 12, 2015
    Share #31
  12. saptarshi_sachin

    saptarshi_sachin Responder

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    Cipla Q3 profit up 15.3% against expectation which was at 27%.
    Operating margins jump 200 basis pts
    Cipla closed at 660 today...
     
    saptarshi_sachin, Feb 12, 2015
    Share #32
  13. saptarshi_sachin

    saptarshi_sachin Responder

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    What a move up! Unbelievable!

    Booked out of Cipla almost at day's high at 700. Earlier entered at 680.

    Cipla rocking!
     
    saptarshi_sachin, Feb 13, 2015
    Share #33
  14. jignesh_acharya

    jignesh_acharya Active Member

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    Please advise shabbir,
    We should book profit or stay in
    My buy price is also 680
     
    jignesh_acharya, Feb 13, 2015
    Share #34
  15. shabbir

    shabbir Administrator Staff Member

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    600 SL was a savior.
     
    shabbir, Feb 13, 2015
    Share #35
  16. shabbir

    shabbir Administrator Staff Member

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    With a stop loss of 600 if you can hold, you should but that is not a good ROI.

    All goes here based on your willingness to loose 80 Rs.
     
    shabbir, Feb 13, 2015
    Share #36
  17. jignesh_acharya

    jignesh_acharya Active Member

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    I believe that momentum is now in favour of cipla. Now let's see...
     
    jignesh_acharya, Feb 13, 2015
    Share #37
  18. saptarshi_sachin

    saptarshi_sachin Responder

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    Momentum is in favour but there is some profit-booking seen in Cipla at around 700-702 levels... Cipla now at 682.

    The run up happened from 630 levels to 700 levels pretty quickly in last 3 sessions, good run up, hence I decided to exit.....
     
    saptarshi_sachin, Feb 13, 2015
    Share #38
  19. jignesh_acharya

    jignesh_acharya Active Member

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    Unbelievable, today it zoomed to LTP 725 but finally closed at 716
    New 52 week high.. With strong breakout...
     
    jignesh_acharya, Mar 2, 2015
    Share #39
    saptarshi_sachin likes this.
  20. saptarshi_sachin

    saptarshi_sachin Responder

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    Again new 52 wk high for Cipla today.
    Made high of 738.
    Cipla firing.
     
    saptarshi_sachin, Mar 4, 2015
    Share #40
    jignesh_acharya likes this.
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