Tag Archives: Cipla

Cipla Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Cipla for the week  (Nov 20, 2017 – Nov 24, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week, that support for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 570 to 575 where medium and 200 daily moving averages are lying. During the week the stock manages to hit a low of 590 and close the week around the levels of 609.

Support for the stock lies in the zone of 585 to 590 where short term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 570 to 575 where medium and 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 625 to 630 from where the stock has sold off.

Broad range for the stock is seen in the range of 570 – 580 on downside & 640 – 650 on upside.

Cipla Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Cipla for the week  (Nov 13, 2017 – Nov 17, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 4.80%.

As we have mentioned last week, that minor support for the stock lies in the zone of 620 to 625. Support for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 560 to 565 where 200 daily moving averages are lying. During the week the stock manages to hit a low of 602 and close the week around the levels of 609.

Support for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 570 to 575 where medium and 200 daily moving averages are lying.

Minor resistance for the stock lies in the zone of 625 to 630. Resistance for the stock lies in the zone of 645 to 650. If the stock manages to close above these levels then the stock can move to the levels of 660 to 665 from where the stock has broken down in January-2016.

Broad range for the stock is seen in the range of 570 – 580 on downside & 640 – 650 on upside.

Cipla Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Cipla for the week  (Nov 06, 2017 – Nov 10, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 2.40%.

As we have mentioned last week, that support for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 560 to 565 where 200 daily moving averages are lying. During the week the stock manages to hit a low of 615 and close the week around the levels of 640.

Minor support for the stock lies in the zone of 620 to 625. Support for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 560 to 565 where 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 645 to 650. If the stock manages to close above these levels then the stock can move to the levels of 660 to 665 from where the stock has broken down in January-2016.

Broad range for the stock is seen in the range of 610 – 620 on downside & 665 – 670 on upside.

Cipla Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Cipla for the week  (Oct 30, 2017 – Oct 03, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 2.80%.

As we have mentioned last week, that minor support for the stock lies in the zone of 585 to 590. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support. During the week the stock manages to hit a low of 589 and close the week around the levels of 625.

Support for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 560 to 565 where 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 625 to 635 where the stock has formed a top in the month of September-2016 and March-2017. If the stock manages to close above these levels then the stock can move to the levels of 660 to 665 from where the stock has broken down in January-2016.

Broad range for the stock is seen in the range of 590 – 600 on downside & 650 – 655 on upside.

Cipla Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Cipla for the week  (Oct 23, 2017 – Oct 27, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 2.50%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 595 to 600. Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 620 to 625 where the stock has formed a top in the month of September-2016 and March-2017. During the week the stock manages to hit a high of 636 and close the week around the levels of 608.

Minor support for the stock lies in the zone of 585 to 590. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support.

Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 625 to 635 where the stock has formed a top in the month of September-2016 and March-2017.

Broad range for the stock is seen in the range of 580 – 585 on downside & 630 – 635 on upside.

Cipla Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Cipla for the week  (Oct 16, 2017 – Oct 19, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support. During the week the stock manages to hit a low of 578 and close the week around the levels of 593.

Minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support.

Minor resistance for the stock lies in the zone of 595 to 600. Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 620 to 625 where the stock has formed a top in the month of September-2016 and March-2017.

Broad range for the stock is seen in the range of 560 – 565 on downside & 620 – 625 on upside.

Cipla Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Cipla for the week  (Oct 09, 2017 – Oct 13, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week, that minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support. During the week the stock manages to hit a low of 575 and close the week around the levels of 585.

Minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support.

Minor resistance for the stock lies in the zone of 595 to 600. Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 620 to 625 where the stock has formed a top in the month of September-2016 and March-2017.

Broad range for the stock is seen in the range of 560 – 565 on downside & 620 – 625 on upside.

Cipla Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Cipla for the week  (Oct 03, 2017 – Oct 06, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week, that minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support. During the week the stock manages to hit a low of 563 and close the week around the levels of 586.

Minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support.

Minor resistance for the stock lies in the zone of 595 to 600. Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 620 to 625 where the stock has formed a top in the month of September-2016 and March-2017.

Broad range for the stock is seen in the range of 560 – 565 on downside & 620 – 625 on upside.

Cipla Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Cipla for the week  (Sep 25, 2017 – Sep 29, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 4.30%.

As we have mentioned last week, that resistance for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 where the stock has formed a short term top. During the week the stock manages to hit a high of 600 and close the week around the levels of 585.

Minor support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 545 to 550 where the stock has taken multiple support.

Minor resistance for the stock lies in the zone of 595 to 600. Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 620 to 625 where the stock has formed a top in the month of September-2016 and March-2017.

Broad range for the stock is seen in the range of 560 – 565 on downside & 620 – 625 on upside.

Cipla Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Cipla for the week  (Sep 18, 2017 – Sep 22, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 1.60%.

As we have mentioned last week, that support for the stock lies in the zone of 545 to 550 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can move to the levels of 530 to 535 where the stock has formed a low for the month of July-2017. During the week the stock manages to hit a low of 543 and close the week around the levels of 561.

Support for the stock lies in the zone of 545 to 550 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can move to the levels of 530 to 535 where the stock has formed a low for the month of July-2017.

Resistance for the stock lies in the zone of 560 to 565 where 200 daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 where the stock has formed a short term top.

Broad range for the stock is seen in the range of 540 – 545 on downside & 575 – 580 on upside.

Cipla Outlook for the Week (Sep 11, 2017 – Sep 15, 2017)

EquityPandit’s Outlook for Cipla for the week  (Sep 11, 2017 – Sep 15, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 3.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 578 to 582. If the stock manages to close above these levels then the stock can move to the levels of 595 to 600 where the stock has formed a short term top. During the week the stock manages to hit a high of 577 and close the week around the levels of 552.

Support for the stock lies in the zone of 545 to 550 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can move to the levels of 530 to 535 where the stock has formed a low for the month of July-2017.

Resistance for the stock lies in the zone of 558 to 562 where medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 where the stock has formed a short term top.

Broad range for the stock is seen in the range of 530 – 535 on downside & 575 – 580 on upside.

Cipla Outlook for the Week (Sep 04, 2017 – Sep 08, 2017)

EquityPandit’s Outlook for Cipla for the week  (Sep 04, 2017 – Sep 08, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 1.00%.

As we have mentioned last week, that support for the stock lies in the zone of 563 to 567. Support for the stock lies in the zone of 550 to 555 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 530 to 535 where the stock has formed a low for the month of July-2017. During the week the stock manages to hit a low of 562 and close the week around the levels of 568.

Support for the stock lies in the zone of 563 to 567. Support for the stock lies in the zone of 550 to 555 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 530 to 535 where the stock has formed a low for the month of July-2017.

Resistance for the stock lies in the zone of 578 to 582. If the stock manages to close above these levels then the stock can move to the levels of 595 to 600 where the stock has formed a short term top.

Broad range for the stock is seen in the range of 540 – 545 on downside & 595 – 600 on upside.

Cipla Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Cipla for the week  (Aug 28, 2017 – Sep 01, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that support for the stock lies in the zone of 550 to 555 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 530 to 535 where the stock has formed a low for the month of July-2017. During the week the stock manages to hit a low of 555 and close the week around the levels of 574.

Support for the stock lies in the zone of 563 to 567. Support for the stock lies in the zone of 550 to 555 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 530 to 535 where the stock has formed a low for the month of July-2017.

Resistance for the stock lies in the zone of 578 to 582. If the stock manages to close above these levels then the stock can move to the levels of 595 to 600 where the stock has formed a short term top.

Broad range for the stock is seen in the range of 550 – 555 on downside & 595 – 600 on upside.

Cipla Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Cipla for the week  (Aug 21, 2017 – Aug 25, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 4.40%.

As we have mentioned last week, that resistance for the stock lies in the zone of 550 to 555 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where long term moving averages are lying. During the week the stock manages to hit a high of 594 and close the week around the levels of 565.

Support for the stock lies in the zone of 550 to 555 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 530 to 535 where the stock has formed a low for the month of July-2017.

Resistance for the stock lies in the zone of 565 to 570 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 590 to 595.

Broad range for the stock is seen in the range of 520 – 525 on downside & 595 – 600 on upside.

Cipla Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Cipla for the week  (Aug 14, 2017 – Aug 18, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 4.80%.

As we have mentioned last week, that resistance for the stock lies in the zone of 570 to 575 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 585 to 590. During the week the stock manages to hit a high of 581 and close the week around the levels of 541.

Support for the stock lies in the zone of 530 to 535 where the stock has formed a low for the month of July-2017. If the stock manages to close below these levels then the stock can move to the levels of 518 to 522 where Fibonacci level is lying.

Resistance for the stock lies in the zone of 550 to 555 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where long term moving averages are lying.

Broad range for the stock is seen in the range of 520 – 525 on downside & 565 – 570 on upside.

Cipla Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Cipla for the week  (Aug 07, 2017 – Aug 11, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 0.50%.

As we have mentioned last week that minor support for the stock lies in the zone of 555 to 560. Support for the stock lies in the zone of 545 to 550 where short term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 530 to 535. During the week the stock manages to hit a low of 543 and close the week around the levels of 569.

Minor support for the stock lies in the zone of 555 to 560. Support for the stock lies in the zone of 545 to 550 where short term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 530 to 535.

Resistance for the stock lies in the zone of 570 to 575 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 585 to 590.

Broad range for the stock is seen in the range of 540 – 545 on downside & 585 – 590 on upside.

Cipla Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Cipla for the week  (July 31, 2017 – Aug 04, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week that minor support for the stock lies in the zone of 555 to 560. Support for the stock lies in the zone of 545 to 550 where short term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 530 to 535. During the week the stock manages to hit a low of 556 and close the week around the levels of 566.

Minor support for the stock lies in the zone of 555 to 560. Support for the stock lies in the zone of 545 to 550 where short term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 530 to 535.

Resistance for the stock lies in the zone of 570 to 575 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 585 to 590.

Broad range for the stock is seen in the range of 540 – 545 on downside & 585 – 590 on upside.

Cipla Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Cipla for the week  (July 24, 2017 – July 28, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 3.30%.

As we have mentioned last week that resistance for the stock lies in the zone of 552 to 555. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where medium term and long term moving averages are lying. During the week the stock manages to hit a high of 577 and close the week around the levels of 566.

Minor support for the stock lies in the zone of 555 to 560. Support for the stock lies in the zone of 545 to 550 where short term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 530 to 535.

Resistance for the stock lies in the zone of 570 to 575 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 585 to 590.

Broad range for the stock is seen in the range of 540 – 545 on downside & 585 – 590 on upside.

Cipla Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for Cipla for the week  (July 17, 2017 – July 21, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week that resistance for the stock lies in the zone of 552 to 555. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where medium term and long term moving averages are lying. During the week the stock manages to hit a high of 553 and close the week around the levels of 548.

Minor support for the stock lies in the zone of 540 to 545. Support for the stock lies in the zone of 520 to 525 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 500 to 505.

Resistance for the stock lies in the zone of 552 to 555. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where medium term and long term moving averages are lying.

Broad range for the stock is seen in the range of 520 – 525 on downside & 565 – 570 on upside.

Cipla Outlook for the Week (July 10, 2017 – July 14, 2017)

EquityPandit’s Outlook for Cipla for the week  (July 10, 2017 – July 14, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 1.50%.

As we have mentioned last week that minor support for the stock lies in the zone of 540 to 545. Support for the stock lies in the zone of 520 to 525 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 500 to 505. During the week the stock manages to hit a low of 540 and close the week around the levels of 547.

Minor support for the stock lies in the zone of 540 to 545. Support for the stock lies in the zone of 520 to 525 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 500 to 505.

Resistance for the stock lies in the zone of 552 to 555. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where medium term and long term moving averages are lying.

Broad range for the stock is seen in the range of 520 – 525 on downside & 565 – 570 on upside.

Cipla Outlook for the Week (July 03, 2017 – July 07, 2017)

EquityPandit’s Outlook for Cipla for the week  (July 03, 2017 – July 07, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 2.80%.

As we have mentioned last week that minor support for the stock lies in the zone of 535 to 540. Support for the stock lies in the zone of 518 to 522 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 500 to 505. During the week the stock manages to hit a low of 531 and close the week around the levels of 556.

Minor support for the stock lies in the zone of 540 to 545. Support for the stock lies in the zone of 520 to 525 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 500 to 505.

Resistance for the stock lies in the zone of 560 to 562. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where medium term and long term moving averages are lying.

Broad range for the stock is seen in the range of 530 – 535 on downside & 575 – 580 on upside.

Cipla Outlook for the Week (June 27, 2017 – June 30, 2017)

EquityPandit’s Outlook for Cipla for the week  (June 27, 2017 – June 30, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 0.70%.

As we have mentioned last week that resistance for the stock lies in the zone of 555 to 560 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where medium term and long term moving averages are lying. During the week the stock manages to hit a high of 550 and close the week around the levels of 541.

Minor support for the stock lies in the zone of 535 to 540. Support for the stock lies in the zone of 518 to 522 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 500 to 505.

Resistance for the stock lies in the zone of 550 to 555 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where medium term and long term moving averages are lying.

Broad range for the stock is seen in the range of 510 – 515 on downside & 565 – 570 on upside.

Cipla Outlook for the Week (June 19, 2017 – June 23, 2017)

EquityPandit’s Outlook for Cipla for the week  (June 19, 2017 – June 23, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 2.60%.

As we have mentioned last week that resistance for the stock lies in the zone of 555 to 560 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where medium term and long term moving averages are lying. During the week the stock manages to hit a high of 555 and close the week around the levels of 537.

Minor support for the stock lies in the zone of 535 to 540. Support for the stock lies in the zone of 515 to 520 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 500 to 505.

Resistance for the stock lies in the zone of 555 to 560 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where medium term and long term moving averages are lying.

Broad range for the stock is seen in the range of 510 – 515 on downside & 555 – 560 on upside.

Cipla Outlook for the Week (June 12, 2017 – June 16, 2017)

EquityPandit’s Outlook for Cipla for the week  (June 12, 2017 – June 16, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 4.00%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 535 to 538. Resistance for the stock lies in the zone of 542 to 545 from where the stock broke down from double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 555 to 560 where short term moving averages are lying. During the week the stock manages to hit a high of 556 and close the week around the levels of 551.

Minor support for the stock lies in the zone of 535 to 540. Support for the stock lies in the zone of 515 to 520 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 500 to 505.

Resistance for the stock lies in the zone of 555 to 560 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where medium term and long term moving averages are lying.

Broad range for the stock is seen in the range of 520 – 525 on downside & 570 – 575 on upside.

Cipla Outlook for the Week (June 05, 2017 – June 09, 2017)

EquityPandit’s Outlook for Cipla for the week  (June 05, 2017 – June 09, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 8.50%.

As we have mentioned last week that resistance for the stock lies in the zone of 498 to 502. If the stock manages to close above these levels then the stock can move to the levels of 515 to 520 where Fibonacci levels are lying. During the week the stock manages to hit a high of 534 and close the week around the levels of 530.

Support for the stock lies in the zone of 515 to 520 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 500 to 505.

Minor resistance for the stock lies in the zone of 535 to 538. Resistance for the stock lies in the zone of 542 to 545 from where the stock broke down from double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 555 to 560 where short term moving averages are lying.

Broad range for the stock is seen in the range of 500 – 505 on downside & 550 – 555 on upside.

Cipla Outlook for the Week (May 29, 2017 – June 02, 2017)

EquityPandit’s Outlook for Cipla for the week  (May 29, 2017 – June 02, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 13.40%.

As we have mentioned last week that minor support for the stock lies in the zone of 560 to 563. Support for the stock lies in the zone of 550 to 555 where the stock has taken support in the month of December-2016. If the stock manages to close below these levels then the stock can drift to the levels of 520 to 530 where Fibonacci levels are lying. During the week the stock manages to hit a low of 480 and close the week around the levels of 489.

Minor support for the stock lies in the zone of 475 to 477. Support for the stock lies in the zone of 445 to 450 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can witness a major break down on long term charts.

Resistance for the stock lies in the zone of 498 to 502. If the stock manages to close above these levels then the stock can move to the levels of 515 to 520 where Fibonacci levels are lying.

Broad range for the stock is seen in the range of 450 – 455 on downside & 510 – 515 on upside.

Cipla Outlook for the Week (May 22, 2017 – May 26, 2017)

EquityPandit’s Outlook for Cipla for the week  (May 22, 2017 – May 26, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 0.50%.

As we have mentioned last week that resistance for the stock lies in the zone of 571 to 574 where 200 Daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 580 to 582 from where the stock broke down and short & medium term moving averages are lying. During the week the stock manages to hit a high of 572 and close the week around the levels of 565.

Minor support for the stock lies in the zone of 560 to 563. Support for the stock lies in the zone of 550 to 555 where the stock has taken support in the month of December-2016. If the stock manages to close below these levels then the stock can drift to the levels of 520 to 530 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 571 to 574 where 200 Daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 580 to 582 from where the stock broke down and short & medium term moving averages are lying.

Broad range for the stock is seen in the range of 545 – 550 on downside & 580 – 585 on upside.

Cipla Outlook for the Week (May 15, 2017 – May 19, 2017)

EquityPandit’s Outlook for Cipla for the week  (May 15, 2017 – May 19, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 3.30%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 560 to 565. Resistance for the stock lies in the zone of 571 to 574 where 200 Daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 582 to 585 from where the stock broke down and short & medium term moving averages are lying. During the week the stock manages to hit a high of 570 and close the week around the levels of 568.

Minor support for the stock lies in the zone of 560 to 563. Support for the stock lies in the zone of 550 to 555 where the stock has taken support in the month of December-2016. If the stock manages to close below these levels then the stock can drift to the levels of 520 to 530 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 571 to 574 where 200 Daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 580 to 582 from where the stock broke down and short & medium term moving averages are lying.

Broad range for the stock is seen in the range of 545 – 550 on downside & 580 – 585 on upside.

Cipla Outlook for the Week (May 08, 2017 – May 12, 2017)

EquityPandit’s Outlook for Cipla for the week  (May 08, 2017 – May 12, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 1.30%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 560 to 565. Resistance for the stock lies in the zone of 571 to 574 where 200 Daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 582 to 585 from where the stock broke down and short & medium term moving averages are lying. During the week the stock manages to hit a high of 559 and close the week around the levels of 550.

Support for the stock lies in the zone of 550 to 555 where the stock has taken support in the month of December-2016. If the stock manages to close below these levels then the stock can drift to the levels of 520 to 530 where Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 560 to 565. Resistance for the stock lies in the zone of 571 to 574 where 200 Daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 582 to 585 from where the stock broke down and short & medium term moving averages are lying.

Broad range for the stock is seen in the range of 530 – 535 on downside & 570 – 575 on upside.

Cipla Outlook for the Week (May 02, 2017 – May 05, 2017)

EquityPandit’s Outlook for Cipla for the week  (May 02, 2017 – May 05, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 1.20%.

As we have mentioned last week that support for the stock lies in the zone of 560 to 565 where the stock has taken multiple support in the month of January-2017 & February-2017. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where the stock has taken support in the month of December-2016. During the week the stock manages to hit a low of 545 and close the week around the levels of 557.

Support for the stock lies in the zone of 550 to 555 where the stock has taken support in the month of December-2016. If the stock manages to close below these levels then the stock can drift to the levels of 520 to 530 where Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 560 to 565. Resistance for the stock lies in the zone of 571 to 574 where 200 Daily moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 582 to 585 from where the stock broke down and short & medium term moving averages are lying.

Broad range for the stock is seen in the range of 530 – 535 on downside & 570 – 575 on upside.

Cipla Outlook for the Week (April 24, 2017 – April 28, 2017)

EquityPandit’s Outlook for Cipla for the week  (April 24, 2017 – April 28, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 2.20%.

As we have mentioned last week that support for the stock lies in the zone of 565 to 570 where the stock has taken multiple support in the month of February-2017 and 200 Daily MA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where the stock has taken support in the month of December-2016. During the week the stock manages to hit a low of 563 and close the week around the levels of 564.

Support for the stock lies in the zone of 560 to 565 where the stock has taken multiple support in the month of January-2017 & February-2017. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where the stock has taken support in the month of December-2016.

Minor resistance for the stock lies in the zone of 570 to 575. Resistance for the stock lies in the zone of 588 to 592 from where the stock broke down and short term MA is lying. If the stock manages to close above these levels then the stock can move to the levels of 605 to 610 where the highs of October-2016 and September-2016 is lying.

Broad range for the stock is seen in the range of 550 – 555 on downside & 580 – 585 on upside.

Cipla Outlook for the Week (April 17, 2017 – April 21, 2017)

EquityPandit’s Outlook for Cipla for the week  (April 17, 2017 – April 21, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 2.20%.

As we have mentioned last week that minor support for the stock lies in the zone of 585 to 587. Support for the stock lies in the zone of 575 to 580 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying. During the week the stock manages to hit a low of 571 and close the week around the levels of 577.

Support for the stock lies in the zone of 565 to 570 where the stock has taken multiple support in the month of February-2017 and 200 Daily MA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where the stock has taken support in the month of December-2016.

Minor resistance for the stock lies in the zone of 580 to 585. Resistance for the stock lies in the zone of 592 to 595 from where the stock broke down and short term MA is lying. If the stock manages to close above these levels then the stock can move to the levels of 605 to 610 where the highs of October-2016 and September-2016 is lying.

Broad range for the stock is seen in the range of 550 – 555 on downside & 600 – 605 on upside.

Cipla Outlook for the Week (April 10, 2017 – April 13, 2017)

EquityPandit’s Outlook for Cipla for the week  (April 10, 2017 – April 13, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 0.50%.

As we have mentioned last week that minor support for the stock lies in the zone of 585 to 587. Support for the stock lies in the zone of 570 to 575 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying. During the week the stock manages to hit a low of 585 and close the week around the levels of 590.

Minor support for the stock lies in the zone of 585 to 587. Support for the stock lies in the zone of 575 to 580 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying.

Minor resistance for the stock lies in the zone of 594 to 598. Resistance for the stock lies in the zone of 605 to 610 where the highs of October-2016 and September-2016 is lying. If the stock manages to close above these levels then the stock can move to the levels of 640 to 650 from where the stock sold off in the month of December-2015.

Broad range for the stock is seen in the range of 570 – 575 on downside & 615 – 620 on upside.

Cipla Outlook for the Week (April 03, 2017 – April 07, 2017)

EquityPandit’s Outlook for Cipla for the week  (April 03, 2017 – April 07, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week that minor resistance for the stock lies in the zone of 598 to 600. Resistance for the stock lies in the zone of 605 to 610 where the highs of October-2016 and September-2016 is lying. If the stock manages to close above these levels then the stock can move to the levels of 640 to 650 from where the stock sold off in the month of December-2015. During the week the stock manages to hit a high of 601 and close the week around the levels of 593.

Minor support for the stock lies in the zone of 585 to 587. Support for the stock lies in the zone of 570 to 575 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying.

Minor resistance for the stock lies in the zone of 598 to 600. Resistance for the stock lies in the zone of 605 to 610 where the highs of October-2016 and September-2016 is lying. If the stock manages to close above these levels then the stock can move to the levels of 640 to 650 from where the stock sold off in the month of December-2015.

Broad range for the stock is seen in the range of 575 – 580 on downside & 615 – 620 on upside.

Cipla Outlook for the Week (March 27, 2017 – March 31, 2017)

EquityPandit’s Outlook for Cipla for the week (March 27, 2017 – March 31, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 0.60%.

As we have mentioned last week that minor support for the stock lies in the zone of 585 to 590. Support for the stock lies in the zone of 570 to 575 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying. During the week the stock manages to hit a low of 582 and close the week around the levels of 594.

Minor support for the stock lies in the zone of 585 to 587. Support for the stock lies in the zone of 570 to 575 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying.

Minor resistance for the stock lies in the zone of 598 to 600. Resistance for the stock lies in the zone of 605 to 610 where the highs of October-2016 and September-2016 is lying. If the stock manages to close above these levels then the stock can move to the levels of 640 to 650 from where the stock sold off in the month of December-2015.

Broad range for the stock is seen in the range of 575 – 580 on downside & 615 – 620 on upside.

Cipla Outlook for the Week (March 20, 2017 – March 24, 2017)

EquityPandit’s Outlook for Cipla for the week (March 20, 2017 – March 24, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 1.40%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 595 to 598. Resistance for the stock lies in the zone of 605 to 610 where the highs of October-2016 and September-2016 is lying. If the stock manages to close above these levels then the stock can move to the levels of 640 to 650 from where the stock sold off in the month of December-2015. During the week the stock manages to hit a high of 606 and close the week around the levels of 597.

Minor support for the stock lies in the zone of 585 to 590. Support for the stock lies in the zone of 570 to 575 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying.

Resistance for the stock lies in the zone of 605 to 610 where the highs of October-2016 and September-2016 is lying. If the stock manages to close above these levels then the stock can move to the levels of 640 to 650 from where the stock sold off in the month of December-2015.

Broad range for the stock is seen in the range of 575 – 580 on downside & 615 – 620 on upside.

Cipla Outlook for the Week (March 14, 2017 – March 17, 2017)

EquityPandit’s Outlook for Cipla for the week (March 14, 2017 – March 17, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week that minor support for the stock lies in the zone of 580 to 585. Support for the stock lies in the zone of 570 to 575 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying. During the week the stock manages to hit a low of 583 and close the week around the levels of 589.

Minor support for the stock lies in the zone of 580 to 585. Support for the stock lies in the zone of 570 to 575 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying.

Minor resistance for the stock lies in the zone of 595 to 598. Resistance for the stock lies in the zone of 605 to 610 where the highs of October-2016 and September-2016 is lying. If the stock manages to close above these levels then the stock can move to the levels of 640 to 650 from where the stock sold off in the month of December-2015.

Broad range for the stock is seen in the range of 570 – 575 on downside & 610 – 615 on upside.

Cipla Outlook for the Week (March 06, 2017 – March 10, 2017)

EquityPandit’s Outlook for Cipla for the week (March 06, 2017 – March 10, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 0.60%.

As we have mentioned last week that minor support for the stock lies in the zone of 580 to 585. Support for the stock lies in the zone of 570 to 575 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying. During the week the stock manages to hit a low of 581 and close the week around the levels of 589.

Minor support for the stock lies in the zone of 580 to 585. Support for the stock lies in the zone of 570 to 575 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying.

Minor resistance for the stock lies in the zone of 595 to 598. Resistance for the stock lies in the zone of 605 to 610 where the highs of October-2016 and September-2016 is lying. If the stock manages to close above these levels then the stock can move to the levels of 640 to 650 from where the stock sold off in the month of December-2015.

Broad range for the stock is seen in the range of 570 – 575 on downside & 610 – 615 on upside.

Cipla Outlook for the Week (February 27, 2017 – March 03, 2017)

EquityPandit’s Outlook for Cipla for the week (February 27, 2017 – March 03, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week that minor support for the stock lies in the zone of 580 to 585. Support for the stock lies in the zone of 570 to 575 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying. During the week the stock manages to hit a low of 582 and close the week around the levels of 592.

Minor support for the stock lies in the zone of 580 to 585. Support for the stock lies in the zone of 570 to 575 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying.

Resistance for the stock lies in the zone of 600 to 610 where the highs of October-2016 and September-2016 is lying. If the stock manages to close above these levels then the stock can move to the levels of 640 to 650 from where the stock sold off in the month of December-2015.

Broad range for the stock is seen in the range of 570 – 575 on downside & 610 – 615 on upside.

Cipla Outlook for the Week (February 20, 2017 – February 24, 2017)

EquityPandit’s Outlook for Cipla for the week (February 20, 2017 – February 24, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 2.20%.

As we have mentioned last week that support for the stock lies in the zone of 570 to 575 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying. During the week the stock manages to hit a low of 571 and close the week around the levels of 593.

Minor support for the stock lies in the zone of 580 to 585. Support for the stock lies in the zone of 570 to 575 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying.

Resistance for the stock lies in the zone of 600 to 610 where the highs of October-2016 and September-2016 is lying. If the stock manages to close above these levels then the stock can move to the levels of 640 to 650 from where the stock sold off in the month of December-2015.

Broad range for the stock is seen in the range of 570 – 575 on downside & 610 – 615 on upside.

Cipla Outlook for the Week (February 13, 2017 – February 17, 2017)

EquityPandit’s Outlook for Cipla for the week (February 13, 2017 – February 17, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 4.60%.

As we have mentioned last week that minor support for the stock lies in the zone of 590 to 595 from where the stock broke out from January-2017 highs. Support for the stock lies in the zone of 570 to 575 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying. During the week the stock manages to hit a low of 577 and close the week around the levels of 580.

Support for the stock lies in the zone of 570 to 575 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying.

Resistance for the stock lies in the zone of 600 to 610 where the highs of October-2016 and September-2016 is lying. If the stock manages to close above these levels then the stock can move to the levels of 640 to 650 from where the stock sold off in the month of December-2015.

Broad range for the stock is seen in the range of 560 – 565 on downside to 600 – 605 on upside.

Cipla Outlook for the Week (February 06, 2017 – February 10, 2017)

EquityPandit’s Outlook for Cipla for the week (February 06, 2017 – February 10, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 4.80%.

As we have mentioned last week that resistance for the stock lies in the zone of 585 to 590 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying. During the week the stock manages to hit a high of 611 and close the week around the levels of 608.

Minor support for the stock lies in the zone of 590 to 595 from where the stock broke out from January-2017 highs. Support for the stock lies in the zone of 570 to 575 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 550 to 555 where 200 Daily SMA is lying.

Resistance for the stock lies in the zone of 600 to 610 where the highs of October-2016 and September-2016 is lying. If the stock manages to close above these levels then the stock can move to the levels of 640 to 650 from where the stock sold off in the month of December-2015.

Broad range for the stock is seen in the range of 580 – 585 on downside to 630 – 635 on upside.

Cipla Outlook for the Week (January 30, 2017 – February 03, 2017)

EquityPandit’s Outlook for Cipla for the week (January 30, 2017 – February 03, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 0.40%.

As we have mentioned last week that minor support for the stock lies in the zone of 574 to 576. Support for the stock lies in the zone of 560 to 565 from where the stock has broken out on the intra-day basis and short term moving averages are lying. Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016. During the week the stock manages to hit a low of 573 and close the week around the levels of 580.

Minor support for the stock lies in the zone of 574 to 576. Support for the stock lies in the zone of 565 to 568 where short term moving averages are lying. Support for the stock lies in the zone of 540 to 545 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016.

Resistance for the stock lies in the zone of 585 to 590 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying.

Broad range for the stock is seen in the range of 555 – 560 on downside to 600 – 605 on upside.

Cipla Outlook for the Week (January 23, 2017 – January 27, 2017)

EquityPandit’s Outlook for Cipla for the week (January 23, 2017 – January 27, 2017) :

CIPLA:

 

cipla

 

CIPLA closed the week on negative note losing around 1.00%.

As we have mentioned last week that minor support for the stock lies in the zone of 574 to 576. Support for the stock lies in the zone of 560 to 565 from where the stock has broken out on the intra-day basis and short term moving averages are lying. Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016. During the week the stock manages to hit a low of 573 and close the week around the levels of 578.

Minor support for the stock lies in the zone of 574 to 576. Support for the stock lies in the zone of 560 to 565 from where the stock has broken out on the intra-day basis and short term moving averages are lying. Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016.

Resistance for the stock lies in the zone of 585 to 590 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying.

Broad range for the stock is seen in the range of 555 – 560 on downside to 600 – 605 on upside.

Cipla Outlook for the Week (January 16, 2017 – January 20, 2017)

EquityPandit’s Outlook for Cipla for the week (January 16, 2017 – January 20, 2017) :

CIPLA:

 

cipla

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week that resistance for the stock lies in the zone of 585 to 590 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying. During the week the stock manages to hit a high of 589 and close the week around the levels of 583.

Minor support for the stock lies in the zone of 574 to 576. Support for the stock lies in the zone of 560 to 565 from where the stock has broken out on the intra-day basis and short term moving averages are lying. Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016.

Resistance for the stock lies in the zone of 585 to 590 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying.

Broad range for the stock is seen in the range of 565 – 570 on downside to 600 – 605 on upside.

Cipla Outlook for the Week (January 09, 2017 – January 13, 2017)

EquityPandit’s Outlook for Cipla for the week (January 09, 2017 – January 13, 2017) :

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 2.50%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 572 to 575. Resistance for the stock lies in the zone of 585 to 590 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying. During the week the stock manages to hit a high of 591 and close the week around the levels of 583.

Minor support for the stock lies in the zone of 574 to 576. Support for the stock lies in the zone of 560 to 565 from where the stock has broken out on the intra-day basis and short term moving averages are lying. Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016.

Resistance for the stock lies in the zone of 585 to 590 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying.

Broad range for the stock is seen in the range of 565 – 570 on downside to 600 – 605 on upside.

Cipla Outlook for the Week (January 02, 2017 – January 06, 2017)

EquityPandit’s Outlook for Cipla for the week (January 02, 2017 – January 06, 2017) :

CIPLA:

 

cipla

 

CIPLA closed the week on negative note losing around 2.30%.

As we have mentioned last week that resistance for the stock lies in the zone of 585 to 590 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying. During the week the stock manages to hit a high of 581 and close the week around the levels of 569.

Support for the stock lies in the zone of 560 to 565 from where the stock has broken out on the intra-day basis. Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016.

Minor resistance for the stock lies in the zone of 572 to 575. Resistance for the stock lies in the zone of 585 to 590 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying.

Broad range for the stock is seen in the range of 545 – 550 on downside to 585 – 590 on upside.

Cipla Outlook for the Week (December 26, 2016 – December 30, 2016)

EquityPandit’s Outlook for Cipla for the week (December 26, 2016 – December 30, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 2.80.

As we have mentioned last week that support for the stock lies in the zone of 560 to 565 from where the stock has broken out on the intra-day basis. Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016. During the week the stock manages to hit a low of 552 and close the week around the levels of 582.

Minor support for the stock lies in the zone of 570 to 575. Support for the stock lies in the zone of 560 to 565 from where the stock has broken out on the intra-day basis. Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016.

Resistance for the stock lies in the zone of 585 to 590 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying.

Broad range for the stock is seen in the range of 560 – 565 on downside to 600 – 605 on upside.

Cipla Outlook for the Week (December 19, 2016 – December 23, 2016)

EquityPandit’s Outlook for Cipla for the week (December 19, 2016 – December 23, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on negative note losing around 2.20%.

As we have mentioned last week that resistance for the stock lies in the zone of 575 to 580 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying. During the week the stock manages to hit a high of 582 and close the week around the levels of 564.

Support for the stock lies in the zone of 560 to 565 from where the stock has broken out on the intra-day basis. Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016.

Resistance for the stock lies in the zone of 575 to 580 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying.

Broad range for the stock is seen in the range of 545 – 550 on downside to 575 – 580 on upside.

Cipla Outlook for the Week (December 12, 2016 – December 16, 2016)

EquityPandit’s Outlook for Cipla for the week (December 12, 2016 – December 16, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 1.30%.

As we have mentioned last week that resistance for the stock lies in the zone of 575 to 580 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying. During the week the stock manages to hit a high of 586 and close the week around the levels of 579.

Minor support for the stock lies in the zone of 568 to 570. Support for the stock lies in the zone of 560 to 565 from where the stock has broken out on the intra-day basis. Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016.

Resistance for the stock lies in the zone of 575 to 580 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying.

Broad range for the stock is seen in the range of 555 – 560 on downside to 590 – 600 on upside.

Cipla Outlook for the Week (December 05, 2016 – December 09, 2016)

EquityPandit’s Outlook for Cipla for the week (December 05, 2016 – December 09, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 1.10%.

As we have mentioned last week that the stock has closed around the resistance zone of 560 to 565 from where the stock has broken down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 from where the stock has broken down. During the week the stock manages to hit a high of 580 and close the week around the levels of 571.

Support for the stock lies in the zone of 560 to 565 from where the stock has broken out on the intra-day basis. Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016.

Resistance for the stock lies in the zone of 575 to 580 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where the highs of October-2016 and September-2016 is lying.

Broad range for the stock is seen in the range of 555 – 560 on downside to 590 – 600 on upside.

Cipla Outlook for the Week (November 28, 2016 – December 02, 2016)

EquityPandit’s Outlook for Cipla for the week (November 28, 2016 – December 02, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 2.60%.

As we have mentioned last week that support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016. During the week the stock manages to hit a low of 542 and close the week around the levels of 570.

Minor support for the stock lies in the zone of 552 to 555. Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016.

The stock has closed around the resistance zone of 560 to 565 from where the stock has broken down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 from where the stock has broken down.

Broad range for the stock is seen in the range of 545 – 550 on downside to 580 – 585 on upside.

Cipla Outlook for the Week (November 21, 2016 – November 25, 2016)

EquityPandit’s Outlook for Cipla for the week (November 21, 2016 – November 25, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 0.50%.

As we have mentioned last week that resistance for the stock lies in the zone of 560 to 565 from where the stock has broken down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 from where the stock has broken down. During the week the stock manages to hit a high of 565 and close the week around the levels of 551.

Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016.

Resistance for the stock lies in the zone of 560 to 565 from where the stock has broken down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 from where the stock has broken down.

Broad range for the stock is seen in the range of 520 – 525 on downside to 565 – 570 on upside.

Cipla Outlook for the Week (November 15, 2016 – November 18, 2016)

EquityPandit’s Outlook for Cipla for the week (November 15, 2016 – November 18, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week that resistance for the stock lies in the zone of 560 to 565 from where the stock has broken down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 from where the stock has broken down. During the week the stock manages to hit a high of 568 and close the week around the levels of 548.

Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016.

Resistance for the stock lies in the zone of 560 to 565 from where the stock has broken down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 from where the stock has broken down.

Broad range for the stock is seen in the range of 520 – 525 on downside to 565 – 570 on upside.

Cipla Outlook for the Week (November 07, 2016 – November 11, 2016)

EquityPandit’s Outlook for Cipla for the week (November 07, 2016 – November 11, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on negative note losing around 5.90%.

As we have mentioned last week that support for the stock lies in the zone of 568 to 572 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 545 to 550 from where the stock broken out of the double top pattern and 200 Daily SMA is lying. During the week the stock manages to hit a low of 538 and close the week around the levels of 545.

Support for the stock lies in the zone of 530 to 540 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 510 where the stock has formed a bottom in the month of July – 2016 and August – 2016.

Resistance for the stock lies in the zone of 560 to 565 from where the stock has broken down from the double bottom pattern. If the stock manages to close above these levels then the stock can move to the levels of 575 to 580 from where the stock has broken down.

Broad range for the stock is seen in the range of 520 – 525 on downside to 565 – 570 on upside.

Cipla Outlook for the Week (November 01, 2016 – November 04, 2016)

EquityPandit’s Outlook for Cipla for the week (November 01, 2016 – November 04, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on negative note losing around 1.40%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 595 to 600. Resistance for the stock lies in the zone of 610 to 615 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 650 to 660 from where the stock has sold off in the month of December – 2015. During the week the stock manages to hit a high of 595 and close the week around the levels of 575.

Support for the stock lies in the zone of 568 to 572 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 545 to 550 from where the stock broken out of the double top pattern and 200 Daily SMA is lying.

Minor resistance for the stock lies in the zone of 580 to 585. Resistance for the stock lies in the zone of 595 to 600 from where the stock has retraced couple of times in the month of October – 2016. If the stock manages to close above these levels then the stock can move to the levels of 610 to 615 where the stock has formed a top in the month of September – 2016.

Broad range for the stock is seen in the range of 555 – 560 on downside to 600 – 605 on upside.

Cipla Outlook for the Week (October 24, 2016 – October 28, 2016)

EquityPandit’s Outlook for Cipla for the week (October 24, 2016 – October 28, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on negative note losing around 0.60%.

As we have mentioned last week that support for the stock lies in the zone of 565 to 570 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 545 to 550 from where the stock broken out of the double top pattern and 200 Daily SMA is lying. During the week the stock manages to hit a low of 570 and close the week around the levels of 583.

Support for the stock lies in the zone of 565 to 570 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 545 to 550 from where the stock broken out of the double top pattern and 200 Daily SMA is lying.

Minor resistance for the stock lies in the zone of 595 to 600. Resistance for the stock lies in the zone of 610 to 615 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 650 to 660 from where the stock has sold off in the month of December – 2015.

Broad range for the stock is seen in the range of 560 – 565 on downside to 600 – 605 on upside.

Cipla Outlook for the Week (October 17, 2016 – October 21, 2016)

EquityPandit’s Outlook for Cipla for the week (October 17, 2016 – October 21, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 3.00%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 585 to 590. Resistance for the stock lies in the zone of 610 to 615 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 650 to 660 from where the stock has sold off in the month of December – 2015. During the week the stock manages to hit a high of 599 and close the week around the levels of 587.

Support for the stock lies in the zone of 565 to 570 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 545 to 550 from where the stock broken out of the double top pattern and 200 Daily SMA is lying.

Minor resistance for the stock lies in the zone of 595 to 600. Resistance for the stock lies in the zone of 610 to 615 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 650 to 660 from where the stock has sold off in the month of December – 2015.

Broad range for the stock is seen in the range of 560 – 565 on downside to 600 – 605 on upside.

Cipla Outlook for the Week (October 10, 2016 – October 14, 2016)

EquityPandit’s Outlook for Cipla for the week (October 10, 2016 – October 14, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on negative note losing around 1.70%.

As we have mentioned last week that support for the stock lies in the zone of 560 to 565 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 538 to 540 from where the stock broken out of the short term top and 200 Daily SMA is lying. During the week the stock manages to hit a low of 566 and close the week around the levels of 570.

Support for the stock lies in the zone of 560 to 565 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 538 to 540 from where the stock broken out of the short term top and 200 Daily SMA is lying.

Minor resistance for the stock lies in the zone of 585 to 590. Resistance for the stock lies in the zone of 610 to 615 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 650 to 660 from where the stock has sold off in the month of December – 2015.

Broad range for the stock is seen in the range of 550 – 555 on downside to 585 – 590 on upside.

Cipla Outlook for the Week (October 03, 2016 – October 07, 2016)

EquityPandit’s Outlook for Cipla for the week (October 03, 2016 – October 07, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on negative note losing around 5.20%.

As we have mentioned last week that resistance for the stock lies in the zone of 610 to 615 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 650 to 660 from where the stock has sold off in the month of December – 2015. During the week the stock manages to hit a high of 615 and close the week around the levels of 580.

Support for the stock lies in the zone of 560 to 565 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 538 to 540 from where the stock broken out of the short term top and 200 Daily SMA is lying.

Minor resistance for the stock lies in the zone of 585 to 590. Resistance for the stock lies in the zone of 610 to 615 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 650 to 660 from where the stock has sold off in the month of December – 2015.

Broad range for the stock is seen in the range of 555 – 560 on downside to 600 – 615 on upside.

Cipla Outlook for the Week (September 26, 2016 – September 30, 2016)

EquityPandit’s Outlook for Cipla for the week (September 26, 2016 – September 30, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 3.00%.

As we have mentioned last week that resistance for the stock lies in the zone of 595 to 600 where the stock has made a short term top. If the stock manages to close above these levels then the stock can move to the levels of 610 to 615 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 618 and close the week around the levels of 611.

Minor support for the stock lies in the zone of 595 to 600. Support for the stock lies in the zone of 575 to 580. Support for the stock lies in the zone of 558 to 562 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 538 to 540 from where the stock broken out of the short term top.

Resistance for the stock lies in the zone of 610 to 615 where 500 Daily SMA is lying. If the stock manages to close above these levels then the stock can move to the levels of 650 to 660 from where the stock has sold off in the month of December – 2015.

Broad range for the stock is seen in the range of 580 – 585 on downside to 620 – 625 on upside.

Cipla Outlook for the Week (September 19, 2016 – September 23, 2016)

EquityPandit’s Outlook for Cipla for the week (September 19, 2016 – September 23, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 2.20%.

As we have mentioned last week that minor support for the stock lies in the zone of 560 to 565. Support for the stock lies in the zone of 548 to 551 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 538 to 540 from where the stock broken out of the short term top. During the week the stock manages to hit a low of 562 and close the week around the levels of 594.

Minor support for the stock lies in the zone of 570 to 575. Support for the stock lies in the zone of 548 to 551 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 538 to 540 from where the stock broken out of the short term top.

Resistance for the stock lies in the zone of 595 to 600 where the stock has made a short term top. If the stock manages to close above these levels then the stock can move to the levels of 610 to 615 where 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 570 – 575 on downside to 610 – 615 on upside.

Cipla Outlook for the Week (September 12, 2016 – September 16, 2016)

EquityPandit’s Outlook for Cipla for the week (September 12, 2016 – September 16, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 0.40%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 588 to 590. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 598 and close the week around the levels of 580.

Minor support for the stock lies in the zone of 560 to 565. Support for the stock lies in the zone of 548 to 551 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 538 to 540 from where the stock broken out of the short term top.

Minor resistance for the stock lies in the zone of 588 to 590. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 558 – 562 on downside to 590 – 595 on upside.

Cipla Outlook for the Week (September 06, 2016 – September 09, 2016)

EquityPandit’s Outlook for Cipla for the week (September 06, 2016 – September 09, 2016) :

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 1.90%.

As we have mentioned last week that resistance for the stock lies in the zone of 575 to 580. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 587 and close the week around the levels of 578.

Minor support for the stock lies in the zone of 560 to 565. Support for the stock lies in the zone of 548 to 551 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 538 to 540 from where the stock broken out of the short term top.

Minor resistance for the stock lies in the zone of 588 to 590. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 558 – 562 on downside to 590 – 595 on upside.

Cipla Outlook for the Week (August 29, 2016 – September 02, 2016)

EquityPandit’s Outlook for Cipla for the week (August 29, 2016 – September 02, 2016) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 1.90%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 564. Resistance for the stock lies in the zone of 575 to 580. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 575 and close the week around the levels of 567.

Support for the stock lies in the zone of 548 to 551 where 200 Daily SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 538 to 540 from where the stock broken out of the short term top.

Resistance for the stock lies in the zone of 575 to 580. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 545 – 548 on downside to 575 – 580 on upside.

Cipla Outlook for the Week (August 22, 2016 – August 26, 2016)

EquityPandit’s Outlook for Cipla for the week (August 22, 2016 – August 26, 2016):

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 7.90%.

As we have mentioned last week that support for the stock lies in the zone of 510 to 515 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 495 to 500. During the week the stock manages to hit a low of 510 and close the week around the levels of 557.

Support for the stock lies in the zone of 538 to 540 from where the stock broke out of the short term top. If the stock manages to close below these levels then the stock can drift to the levels of 515 to 520 where short term and medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 564. Resistance for the stock lies in the zone of 575 to 580. If the stock manages to close above these levels then the stock can move to the levels of 600 to 610 where 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 545 – 548 on downside to 570 – 575 on upside.

Cipla Outlook for the Week (August 16, 2016 – August 19, 2016)

EquityPandit’s Outlook for Cipla for the week (August 16, 2016 – August 19, 2016):

CIPLA:

 

cipla

 

CIPLA closed the week on negative note losing around 3.20%.

As we have mentioned last week that support for the stock lies in the zone of 510 to 520 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 495 to 500. During the week the stock manages to hit a low of 512 and close the week around the levels of 516.

Support for the stock lies in the zone of 510 to 515 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 495 to 500.

Minor resistance for the stock lies in the zone of 520 to 525. Resistance for the stock lies in the zone of 535. If the stock manages to close above these levels then the stock can move to the levels of 550 from where the stock has corrected in the month of March – 2016 and May – 2016.

Broad range for the stock is seen in the range of 500 – 505 on downside to 535 – 540 on upside.

Cipla Outlook for the Week (August 08, 2016 – August 12, 2016)

EquityPandit’s Outlook for Cipla for the week (August 08, 2016 – August 12, 2016):

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 1.10%.

As we have mentioned last week that resistance for the stock lies in the zone of 535. If the stock manages to close above these levels then the stock can move to the levels of 550 from where the stock has corrected in the month of March – 2016 and May – 2016. During the week the stock manages to hit a high of 535 and close the week around the levels of 533.

Support for the stock lies in the zone of 510 to 520 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 495 to 500.

Resistance for the stock lies in the zone of 535. If the stock manages to close above these levels then the stock can move to the levels of 550 from where the stock has corrected in the month of March – 2016 and May – 2016.

Broad range for the stock is seen in the range of 510 – 515 on downside to 545 – 550 on upside.

Cipla Outlook for the Week (August 01, 2016 – August 05, 2016)

EquityPandit’s Outlook for Cipla for the week (August 01, 2016 – August 05, 2016):

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 1.30%.

As we have mentioned last week that support for the stock lies in the zone of 492 to 495 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480. During the week the stock manages to hit a low of 513 and close the week around the levels of 527.

Support for the stock lies in the zone of 520 to 530 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 495 to 500.

Resistance for the stock lies in the zone of 535. If the stock manages to close above these levels then the stock can move to the levels of 550 from where the stock has corrected in the month of March – 2016 and May – 2016.

Broad range for the stock is seen in the range of 510 – 515 on downside to 545 – 550 on upside.

Cipla Outlook for the Week (July 25, 2016 – July 29, 2016)

EquityPandit’s Outlook for Cipla for the week (July 25, 2016 – July 29, 2016):

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 0.80%.

As we have mentioned last week that resistance for the stock lies in the zone of 520 to 530 where medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 550 from where the stock has corrected in the month of March – 2016 and May – 2016. During the week the stock manages to hit a high of 527 and close the week around the levels of 520.

Support for the stock lies in the zone of 492 to 495 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480.

Resistance for the stock lies in the zone of 520 to 530 where medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 550 from where the stock has corrected in the month of March – 2016 and May – 2016.

Broad range for the stock is seen in the range of 500 – 505 on downside to 535 – 540 on upside.

Cipla Outlook for the Week (July 18, 2016 – July 22, 2016)

EquityPandit’s Outlook for Cipla for the week (July 18, 2016 – July 18, 2016):

CIPLA:

 

cipla

 

CIPLA closed the week on negative note losing around 0.70%.

As we have mentioned last week that resistance for the stock lies in the zone of 520 to 530 where medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 550 from where the stock has corrected in the month of March – 2016 and May – 2016. During the week the stock manages to hit a high of 528 and close the week around the levels of 516.

Support for the stock lies in the zone of 492 to 495 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480.

Resistance for the stock lies in the zone of 520 to 530 where medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 550 from where the stock has corrected in the month of March – 2016 and May – 2016.

Broad range for the stock is seen in the range of 490 – 495 on downside to 535 – 540 on upside.

Cipla Outlook for the Week (July 11, 2016 – July 15, 2016)

EquityPandit’s Outlook for Cipla for the week (July 11, 2016 – July 15, 2016):

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 2.30%.

As we have mentioned last week that resistance for the stock lies in the zone of 520 to 530 where medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 550 from where the stock has corrected in the month of March – 2016 and May – 2016. During the week the stock manages to hit a high of 522 and close the week around the levels of 520.

Support for the stock lies in the zone of 492 to 495 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480.

Resistance for the stock lies in the zone of 520 to 530 where medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 550 from where the stock has corrected in the month of March – 2016 and May – 2016.

Broad range for the stock is seen in the range of 490 – 495 on downside to 535 – 540 on upside.

Cipla Outlook for the Week (July 04, 2016 – July 08, 2016)

EquityPandit’s Outlook for Cipla for the week (July 04, 2016 – July 08, 2016):

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 6.70%.

As we have mentioned last week that resistance for the stock lies in the zone of 495 to 500 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 520 to 530 where 100 Daily SMA is lying. During the week the stock manages to hit a high of 510 and close the week around the levels of 509.

Support for the stock lies in the zone of 492 to 495 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480.

Resistance for the stock lies in the zone of 520 to 530 where medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 550 from where the stock has corrected in the month of March – 2016 and May – 2016.

Broad range for the stock is seen in the range of 485 – 490 on downside to 530 – 535 on upside.

Cipla Outlook for the Week (June 27, 2016 – July 01, 2016)

EquityPandit’s Outlook for Cipla for the week (June 27, 2016 – July 01, 2016):

CIPLA:

 

cipla

 

CIPLA closed the week on negative note losing around 2.00%.

As we have mentioned last week that minor support for the stock lies in the zone of 480. Support for the stock lies in the zone of 450 to 460 from where the stock has broken out of the multi month consolidation in the month of Aug – 2014. If the stock manages to close below these levels then the stock can drift to the levels of 400 to 410. During the week the stock manages to hit a low of 460 and close the week around the levels of 476.

Support for the stock lies in the zone of 450 to 460 from where the stock has broken out of the multi month consolidation in the month of Aug – 2014. If the stock manages to close below these levels then the stock can drift to the levels of 400 to 410.

Resistance for the stock lies in the zone of 495 to 500 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 520 to 530 where 100 Daily SMA is lying.

Broad range for the stock is seen in the range of 455 – 460 on downside to 495 – 500 on upside.

Cipla Outlook for the Week (June 20, 2016 – June 24, 2016)

EquityPandit’s Outlook for Cipla for the week (June 20, 2016 – June 24, 2016):

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 2.10%.

As we have mentioned last week that resistance for the stock lies in the zone of 480 to 490 where the stock has opened gap down on 25/05/2016. If the stock manages to close above these levels then the stock can move to the levels 520 where short term moving averages are lying. During the week the stock manages to hit a high of 493 and close the week around the levels of 486.

Minor support for the stock lies in the zone of 480. Support for the stock lies in the zone of 450 to 460 from where the stock has broken out of the multi month consolidation in the month of Aug – 2014. If the stock manages to close below these levels then the stock can drift to the levels of 400 to 410.

Resistance for the stock lies in the zone of 495 to 500 where short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 520 to 530 where 100 Daily SMA is lying.

Broad range for the stock is seen in the range of 460 – 465 on downside to 510 – 515 on upside.

Cipla Outlook for the Week (June 13, 2016 – June 17, 2016)

EquityPandit’s Outlook for Cipla for the week (June 13, 2016 – June 17, 2016):

CIPLA:

 

cipla

 

CIPLA closed the week on positive note gaining around 2.40%.

As we have mentioned last week that resistance for the stock lies in the zone of 480 to 490 where the stock has opened gap down on 25/05/2016. If the stock manages to close above these levels then the stock can move to the levels 520 where short term moving averages are lying. During the week the stock manages to hit a high of 487 and close the week around the levels of 477.

Support for the stock lies in the zone of 450 to 460 from where the stock has broken out of the multi month consolidation in the month of Aug – 2014. If the stock manages to close below these levels then the stock can drift to the levels of 400 to 410.

Resistance for the stock lies in the zone of 480 to 490 where the stock has opened gap down on 25/05/2016. If the stock manages to close above these levels then the stock can move to the levels 520 where short term moving averages are lying.

Broad range for the stock is seen in the range of 450 – 455 on downside to 485 – 490 on upside.

Cipla Outlook for the Week (June 06, 2016 – June 10, 2016)

EquityPandit’s Outlook for Cipla for the week (June 06, 2016 – June 10, 2016):

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 1.70%.

As we have mentioned last week that resistance for the stock lies in the zone of 480 to 490 where the stock has opened gap down on 25/05/2016. If the stock manages to close above these levels then the stock can move to the levels 520 where short term moving averages are lying. During the week the stock manages to hit a high of 479 and close the week around the levels of 465.

Support for the stock lies in the zone of 450 from where the stock has broken out of the multi month consolidation in the month of Aug – 2014. If the stock manages to close below these levels then the stock can drift to the levels of 400 to 410.

Resistance for the stock lies in the zone of 480 to 490 where the stock has opened gap down on 25/05/2016. If the stock manages to close above these levels then the stock can move to the levels 520 where short term moving averages are lying.

Broad range for the stock is seen in the range of 450 – 455 on downside to 485 – 490 on upside.

Cipla Outlook for the Week (May 30, 2016 – June 03, 2016)

EquityPandit’s Outlook for Cipla for the week (May 30, 2016 – June 03, 2016):

CIPLA:

 

cipla

 

CIPLA closed the week on negative note losing around 6.60%.

As we have mentioned last week that support for the stock lies in the zone of 480 to 490 where 1000 Daily SMA and 200 Weekly SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 450. During the week the stock manages to hit a low of 457 and close the week around the levels of 473.

Support for the stock lies in the zone of 450 from where the stock has broken out of the multi month consolidation in the month of Aug – 2014. If the stock manages to close below these levels then the stock can drift to the levels of 400 to 410.

Resistance for the stock lies in the zone of 480 to 490 where the stock has opened gap down on 25/05/2016. If the stock manages to close above these levels then the stock can move to the levels 520 where short term moving averages are lying.

Broad range for the stock is seen in the range of 450 – 455 on downside to 500 – 510 on upside.

Cipla Outlook for the Week (May 23, 2016 – May 27, 2016)

EquityPandit’s Outlook for Cipla for the week (May 23, 2016 – May 27, 2016):

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 4.60%.

As we have mentioned last week that support for the stock is lying around the levels of 520 to 525 where short term top is positioned. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 490 where 1000 Daily SMA and 200 Weekly SMA is lying. During the week the stock manages to hit a low of 501 and close the week around the levels of 507.

Support for the stock lies in the zone of 480 to 490 where 1000 Daily SMA and 200 Weekly SMA is lying. If the stock manages to close below these levels then the stock can drift to the levels of 450.

Minor resistance for the stock lies in the zone of 520. Resistance for the stock lies in the zone of 545 to 550 where the stock has formed a medium term top. If the stock manages to close above these levels then the stock can move to the levels of 570 to 590 where 100 & 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 485 – 490 on downside to 525 – 530 on upside.

Cipla Outlook for the Week (May 16, 2016 – May 20, 2016)

EquityPandit’s Outlook for Cipla for the week (May 16, 2016 – May 20, 2016):

CIPLA:

 

cipla

 

CIPLA closed the week on negative note losing around 1.10%.

As we have mentioned last week that resistance for the stock lies in the zone of 545 to 550 where the stock has formed a medium term top. If the stock manages to close above these levels then the stock can move to the levels of 570 to 590 where 100 & 500 Daily SMA is lying. During the week the stock manages to hit a high of 542 and close the week around the levels of 532.

Support for the stock is lying around the levels of 520 to 525 where short term top is positioned. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 490 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 545 to 550 where the stock has formed a medium term top. If the stock manages to close above these levels then the stock can move to the levels of 570 to 590 where 100 & 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 510 – 515 on downside to 545 – 550 on upside.

Cipla Outlook for the Week (May 09, 2016 – May 13, 2016)

EquityPandit’s Outlook for Cipla for the week (May 09, 2016 – May 13, 2016):

CIPLA:

 

cipla

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week that resistance for the stock lies in the zone of 545 to 550 where the stock has formed a medium term top. If the stock manages to close above these levels then the stock can move to the levels of 570 to 590 where 100 & 500 Daily SMA is lying. During the week the stock manages to hit a high of 547 and close the week around the levels of 537.

Support for the stock is lying around the levels of 520 to 525 where short term moving averages and short term top is positioned. If the stock manages to close below these levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 545 to 550 where the stock has formed a medium term top. If the stock manages to close above these levels then the stock can move to the levels of 570 to 590 where 100 & 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 515 – 520 on downside to 555 – 560 on upside.

Cipla Outlook for the Week (May 02, 2016 – May 06, 2016)

EquityPandit’s Outlook for Cipla for the week (May 02, 2016 – May 06, 2016):

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 1.00%.

As we have mentioned last week that resistance for the stock lies in the zone of 540 to 550 where the stock has formed a medium term top. If the stock manages to close above these levels then the stock can move to the levels of 570 to 590 where 100 & 500 Daily SMA is lying. During the week the stock manages to hit a high of 544 and close the week around the levels of 537.

Support for the stock is lying around the levels of 520 to 525 where short term moving averages and short term top is positioned. If the stock manages to close below these levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 545 to 550 where the stock has formed a medium term top. If the stock manages to close above these levels then the stock can move to the levels of 570 to 590 where 100 & 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 515 – 520 on downside to 555 – 560 on upside.

Cipla Outlook for the Week (April 25, 2016 – April 29, 2016)

EquityPandit’s Outlook for Cipla for the week (April 25, 2016 – April 29, 2016):

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 3.80%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 520. Resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 550 to 570 where 100 & 500 Daily SMA is lying. During the week the stock manages to hit a high of 537 and close the week around the levels of 531.

Support for the stock is lying around the levels of 520 to 525 where short term moving averages and short term top is positioned. If the stock manages to close below these levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 540 to 550 where the stock has formed a medium term top. If the stock manages to close above these levels then the stock can move to the levels of 570 to 590 where 100 & 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 515 – 520 on downside to 555 – 560 on upside.

Cipla Outlook for the Week (April 18, 2016 – April 22, 2016)

EquityPandit’s Outlook for Cipla for the week (April 18, 2016 – April 22, 2016):

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 1.50%.

As we have mentioned last week that minor support for the stock is lying around the levels of 495 to 500. If the stock manages to close below these levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying. During the week the stock manages to hit a low of 497 and close the week around the levels of 512.

Minor support for the stock is lying around the levels of 495 to 500. If the stock manages to close below these levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying.

Minor resistance for the stock lies in the zone of 520. Resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 550 to 570 where 100 & 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 495 – 500 on downside to 540 – 545 on upside.

Cipla Outlook for the Week (April 11, 2016 – April 13, 2016)

EquityPandit’s Outlook for Cipla for the week (April 11, 2016 – April 13, 2016):

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 2.00%.

As we have mentioned last week that minor support for the stock is lying around the levels of 500 to 510. If the stock manages to close below these levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying. During the week the stock manages to hit a low of 497 and close the week around the levels of 505.

Minor support for the stock is lying around the levels of 495 to 500. If the stock manages to close below these levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying.

Minor resistance for the stock lies in the zone of 520. Resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 550 to 570 where 100 & 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 480 – 485 on downside to 540 – 545 on upside.

Cipla Outlook for the Week (April 04, 2016 – April 08, 2016)

EquityPandit’s Outlook for Cipla for the week (April 04, 2016 – April 08, 2016):

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 3.50%.

As we have mentioned last week that resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 550 to 570 where short term moving averages and 500 Daily SMA is lying. During the week the stock manages to hit a high of 537 and sold off to close the week around the levels of 514.

Minor support for the stock is lying around the levels of 500 to 510. If the stock manages to close below this levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 550 to 570 where short term moving averages and 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 480 – 485 on downside to 540 – 545 on upside.

Cipla Outlook for the Week (March 28, 2016 – April 01, 2016)

EquityPandit’s Outlook for Cipla for the week (March 28, 2016 – April 01, 2016):

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 0.90%.

As we have mentioned last week that resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 580 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 539 and close the week around the levels of 533.

Minor support for the stock is lying around the levels of 515 to 520. If the stock manages to close below this levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 550 to 570 where short term moving averages and 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 510 – 515 on downside to 560 – 565 on upside.

Cipla Outlook for the Week (March 21, 2016 – March 23, 2016)

EquityPandit’s Outlook for Cipla for the week (March 21, 2016 – March 23, 2016):

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 1.20%.

As we have mentioned last week that resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 580 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 544 and close the week around the levels of 528.

Minor support for the stock is lying around the levels of 515 to 520. If the stock manages to close below this levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 570 to 580 where short term moving averages and 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 510 – 515 on downside to 560 – 565 on upside.

Cipla Outlook for the Week (March 14, 2016 – March 18, 2016)

EquityPandit’s Outlook for Cipla for the week (March 14, 2016 – March 18, 2016):

 

CIPLA:

 

 

CIPLA

 

CIPLA closed the week on negative note losing around 0.60%.

As we have mentioned last week that resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 580 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 549 and close the week around the levels of 535.

Minor support for the stock is lying around the levels of 515 to 520. If the stock manages to close below this levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 570 to 580 where short term moving averages and 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 510 – 515 on downside to 560 – 565 on upside.

Cipla Outlook for the Week (March 08, 2016 – March 11, 2016)

EquityPandit’s Outlook for Cipla for the week (March 08, 2016 – March 11, 2016):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 2.60%.

As we have mentioned last week that resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 580 where 500 Daily SMA is lying. During the week the stock manages to hit a high of 546 and close the week around the levels of 537.

Minor support for the stock is lying around the levels of 505 to 510. If the stock manages to close below this levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 580 where 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 510 – 515 on downside to 560 – 565 on upside.

Cipla Outlook for the Week (February 29, 2016 – March 04, 2016)

EquityPandit’s Outlook for Cipla for the week (February 29, 2016 – March 04 2016):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week that minor support for the stock is lying around the levels of 514. If the stock manages to close below this levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying. During the week the stock manages to hit a low of 510 and bounce to close the week around the levels of 524.

Minor support for the stock is lying around the levels of 514. If the stock manages to close below this levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 580 where 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 500 – 505 on downside to 545 – 550 on upside.

Cipla Outlook for the Week (February 22, 2016 – February 26, 2016)

EquityPandit’s Outlook for Cipla for the week (February 22, 2016 – February 26, 2016):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 0.80%.

As we have mentioned last week that minor support for the stock is lying around the levels of 517. If the stock manages to close below this levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying. During the week the stock manages to hit a low of 514 and close the week around the levels of 525.

Minor support for the stock is lying around the levels of 514. If the stock manages to close below this levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 580 where 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 500 – 505 on downside to 545 – 550 on upside.

Cipla Outlook for the Week (February 15, 2016 – February 19, 2016)

EquityPandit’s Outlook for Cipla for the week (February 15, 2016 – February 19, 2016):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 7.30%.

As we have mentioned last week that resistance for the stock lies in the zone 580 where 500 Daily SMA is lying. If the stock closes above this levels then the stock can move to the levels of 600 from where the stock has broken down from the short term bottom. During the week the stock manages to hit a high of 575 and sold off to close the week around the levels of 528.

Minor support for the stock is lying around the levels of 517. If the stock manages to close below this levels then the stock can drift to the levels of 480 where 1000 Daily SMA and 200 Weekly SMA is lying.

Resistance for the stock lies in the zone of 540 from where the stock has broken down from the short term bottom. If the stock manages to close above this levels then the stock can move to the levels of 580 where 500 Daily SMA is lying.

Broad range for the stock is seen in the range of 500 – 505 on downside to 545 – 550 on upside.

Cipla Outlook for the Week (February 08, 2016 – February 12, 2016)

EquityPandit’s Outlook for Cipla for the week (February 08, 2016 – February 12, 2016):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 2.20%.

As we have mentioned last week that support for the stock lies in the zone of 580 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of 540. During the week the stock manages to hit a low of 540 and close the week around the levels of 572.

Minor support for the stock lies in the zone of 560. If the stock closes below this levels then the stock can drift to the levels of 540 where the stock has formed a short term bottom.

Resistance for the stock lies in the zone 580 where 500 Daily SMA is lying. If the stock closes above this levels then the stock can move to the levels of 600 from where the stock has broken down from the short term bottom.

Broad range for the stock is seen in the range of 540 – 545 on downside to 585 – 590 on upside.

Cipla Outlook for the Week (February 01, 2016 – February 05, 2016)

EquityPandit’s Outlook for Cipla for the week (February 01, 2016 – February 05, 2016):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 0.50%.

As we have mentioned last week that support for the stock lies in the zone of 580 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of 540. During the week the stock manages to hit a low of 572 and close the week around the levels of 585.

Stock has closed around the support zone of 580 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of 540.

Minor resistance for the stock lies in the zone of 600 from where the stock has broken down from the short term bottom. Resistance for the stock lies in the zone of 620 where long term trend-line support for the stock is lying. If the stock closes below this levels then the stock move to the levels of 645 to 650 where short term moving averages are lying.

Broad range for the stock is seen in the range of 560 – 565 on downside to 600 – 605 on upside.

Cipla Outlook for the Week (January 25, 2016 – January 29, 2016)

EquityPandit’s Outlook for Cipla for the week (January 25, 2016 – January 29, 2016):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 4.40%.

As we have mentioned last week that support for the stock lies in the zone of 580 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of 540. During the week the stock manages to hit a low of 576 and close the week around the levels of 582.

Stock has closed around the support zone of 580 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of 540.

Minor resistance for the stock lies in the zone of 600 from where the stock has broken down from the short term bottom. Resistance for the stock lies in the zone of 620 where long term trend-line support for the stock is lying. If the stock closes below this levels then the stock move to the levels of 645 to 650 where short term moving averages are lying.

Broad range for the stock is seen in the range of 560 – 565 on downside to 600 – 605 on upside.

Cipla Outlook for the Week (January 18, 2016 – January 22, 2016)

EquityPandit’s Outlook for Cipla for the week (January 18, 2016 – January 22, 2016):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 2.10%.

As we have mentioned last week that support for the stock lies in the zone of 620 where long term trend-line support for the stock is lying. If the stock closes below this levels then the stock can drift to the levels of 580 where 500 Daily SMA and 100 Weekly SMA are positioned. During the week the stock manages to hit a low of 596 and bounce to close the week around the levels of 609.

Support for the stock lies in the zone of 580 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of 540.

Resistance for the stock lies in the zone of 620 where long term trend-line support for the stock is lying. If the stock closes below this levels then the stock move to the levels of 645 to 650 where short term moving averages are lying.

Broad range for the stock is seen in the range of 570 – 580 on downside to 625 – 635 on upside.

Cipla Outlook for the Week (January 11, 2016 – January 15, 2016)

EquityPandit’s Outlook for Cipla for the week (January 11, 2016 – January 15, 2016):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 4.50%.

As we have mentioned last week that resistance for the stock lies in the zone of 655 to 660 where upward sloping trend-line resistance and 100 & 200 Daily SMA for the stock are positioned. If the stock closes above this levels then the stock can move to the levels of 680 to 700 from where the stock has sold off in the month of October – 2015. During the week the stock manages to hit a high of 656 and sold off to close the week around the levels of 624.

Support for the stock lies in the zone of 620 where long term trend-line support for the stock is lying. If the stock closes below this levels then the stock can drift to the levels of 580 where 500 Daily SMA and 100 Weekly SMA are positioned.

Resistance for the stock lies in the zone of 645 to 650 where short term moving averages are lying. If the stock closes above this levels then the stock can move to the levels of 655 to 660 where upward sloping trend-line resistance and 100 & 200 Daily SMA for the stock are positioned.

Broad range for the stock is seen in the range of 600 – 610 on downside to 645 – 650 on upside.

Cipla Outlook for the Week (January 04, 2016 – January 08, 2016)

EquityPandit’s Outlook for Cipla for the week (January 04, 2016 – January 08, 2016):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining around 1.00%.

As we have mentioned last week that resistance for the stock lies in the zone of 655 to 660 where upward sloping trend-line resistance and 100 & 200 Daily SMA for the stock are positioned. If the stock closes above this levels then the stock can move to the levels of 680 to 700 from where the stock has sold off in the month of October – 2015. During the week the stock manages to hit a high of 660 and close the week around the levels of 655.

Support for the stock lies in the zone of 640 to 645 where short term moving averages are lying. If the stock manages to close below this levels then the stock can drift to the levels of 620 where trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 655 to 660 where upward sloping trend-line resistance and 100 & 200 Daily SMA for the stock are positioned. If the stock closes above this levels then the stock can move to the levels of 680 to 700 from where the stock has sold off in the month of October – 2015.

Broad range for the stock is seen in the range of 635 – 640 on downside to 665 – 670 on upside.

Cipla Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for Cipla for the week (December 28, 2015 – January 01, 2016):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on positive note gaining around 1.00%.

As we have mentioned last week that resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned. During the week the stock manages to hit a high of 654 and close the week around the levels of 648.

Support for the stock lies in the zone of 620 where trend-line support for the stock is positioned. If the stock closes below this levels then the stock can drift to the levels of 570 where 500 Daily SMA and 100 Weekly SMA are positioned.

Resistance for the stock lies in the zone of 655 to 660 where upward sloping trend-line resistance and 100 & 200 Daily SMA for the stock are positioned. If the stock closes above this levels then the stock can move to the levels of 680 to 700 from where the stock has sold off in the month of October – 2015.

Broad range for the stock is seen in the range of 620 – 625 on downside to 655 – 660 on upside.

Cipla Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for Cipla for the week (December 21, 2015 – December 24, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on positive note gaining around 0.50%.

As we have mentioned last week that resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned. During the week the stock manages to hit a high of 649 and retraced to close the week around the levels of 642.

Support for the stock lies in the zone of 620 where trend-line support for the stock is positioned. If the stock closes below this levels then the stock can drift to the levels of 570 where 500 Daily SMA and 100 Weekly SMA are positioned.

Resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned.

Broad range for the stock is seen in the range of 620 – 625 on downside to 655 – 660 on upside.

Cipla Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Cipla for the week (December 14, 2015 – December 18, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on negative note losing around 1.0%.

As we have mentioned last week that resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned. During the week the stock manages to hit a high of 654 and retraced to close the week around the levels of 640.

Support for the stock lies in the zone of 620 where trend-line support for the stock is positioned. If the stock closes below this levels then the stock can drift to the levels of 570 where 500 Daily SMA and 100 Weekly SMA are positioned.

Resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned.

Broad range for the stock is seen in the range of 610 – 615 on downside to 650 – 655 on upside.

Cipla Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for Cipla for the week (December 07, 2015 – December 11, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week that resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned. During the week the stock manages to hit a high of 661 and retraced to close the week around the levels of 646.

Support for the stock lies in the zone of 630 where the stock has minor support. If the stock manages to close below this levels then the stock can drift to the levels of 615 where trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned. The stock has formed a shooting star pattern on weekly charts in an uptrend indicating the trend reversal. The stock has to close above the levels of 661 on weekly basis to negate this pattern.

Broad range for the stock is seen in the range of 625 – 630 on downside to 660 – 665 on upside.

Cipla Outlook for the Week (November 30, 2015 – December 04, 2015)

EquityPandit’s Outlook for Cipla for the week (November 30, 2015 – December 04, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week that resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned. During the week the stock manages to hit a high of 648 and retraced to close the week around the levels of 643.

Support for the stock lies in the zone of 630 where the stock has minor support. If the stock manages to close below this levels then the stock can drift to the levels of 615 where trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned. The stock has formed a Bullish engulfing pattern on weekly charts in a downtrend indicating the trend reversal.

Broad range for the stock is seen in the range of 625 – 630 on downside to 660 – 665 on upside.

Cipla Outlook for the Week (November 23, 2015 – November 27, 2015)

EquityPandit’s Outlook for Cipla for the week (November 23, 2015 – November 27, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on positive note gaining around 4.70%.

As we have mentioned last week that support for the stock lies in the zone of 618 where trend-line support for the stock is lying. If the stock closes below this levels then the stock can drift to the levels of 560 to 580 where 500 Daily & 100 Weekly SMA are positioned. During the week the stock manages to hit a low of 613 and bounce to close the week around the levels of 646.

Support for the stock lies in the zone of 618 where trend-line support for the stock is lying. If the stock closes below this levels then the stock can drift to the levels of 560 to 580 where 500 Daily & 100 Weekly SMA are positioned.

Resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned. The stock has formed a Bullish engulfing pattern on weekly charts in a downtrend indicating the trend reversal.

Broad range for the stock is seen in the range of 620 – 625 on downside to 660 – 665 on upside.

Cipla Outlook for the Week (November 16, 2015 – November 20, 2015)

EquityPandit’s Outlook for Cipla for the week (November 16, 2015 – November 20, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on negative note losing around 6.0%.

As we have mentioned last week that support for the stock lies in the zone of 650. If the stock closes below this levels then the stock can drift to the levels of 620 where trend-line support for the stock is lying. During the week the stock manages to hit a low of 615 and virtually close the week around the lowest levels.

Support for the stock lies in the zone of 618 where trend-line support for the stock is lying. If the stock closes below this levels then the stock can drift to the levels of 560 to 580 where 500 Daily & 100 Weekly SMA are positioned.

Resistance for the stock lies in the zone of 645 where upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned.

Broad range for the stock is seen in the range of 600 – 610 on downside to 640 – 645 on upside.

Cipla Outlook for the Week (November 09, 2015 – November 13, 2015)

EquityPandit’s Outlook for Cipla for the week (November 09, 2015 – November 13, 2015):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 4.7%.

As we have mentioned last week that support for the stock lies in the range of 660 to 670 where 100 & 200 Daily SMA are positioned. If the stock closes below the levels of 650 then the stock can drift to the levels of 630 where trend-line support for the stock is lying. During the week the stock manages to hit a low of 651 and bounce to close the week around the levels of 658.

Support for the stock lies in the zone of 650. If the stock closes below this levels then the stock can drift to the levels of 620 where trend-line support for the stock is lying.

Resistance for the stock lies in the zone of 665 to 670 where 100 & 200 Daily SMA are lying. If the stock manages to close above this levels then the stock can move to the levels of 700 where trend-line resistance for the stock is positioned.

Broad range for the stock is seen in the range of 640 – 645 on downside to 670 – 675 on upside.

Cipla Outlook for the Week (November 02, 2015 – November 06, 2015)

EquityPandit’s Outlook for Cipla for the week (November 02, 2015 – November 06, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on positive note gaining around 1.2%.

As we have mentioned last week that stock can face minor resistance around the zone of 700 where trend-line resistance for the stock is lying. If the stock manages to close above the levels of 710 then the stock can move to the levels of 740 where trend-line joining earlier highs is positioned. During the week the stock manages to hit a high of 705 and retraced to close the week around the levels of 690.

Support for the stock lies in the range of 660 to 670 where 100 & 200 Daily SMA are positioned. If the stock closes below the levels of 650 then the stock can drift to the levels of 630 where trend-line support for the stock is lying.

Stock can face minor resistance around the zone of 700 where trend-line resistance for the stock is lying. If the stock manages to close above the levels of 710 then the stock can move to the levels of 740 where trend-line joining earlier highs is positioned.

Broad range for the stock is seen in the range of 660 – 670 on downside to 720 – 730 on upside.

Cipla Outlook for the Week (October 26, 2015 – October 30, 2015)

EquityPandit’s Outlook for Cipla for the week (October 26, 2015 – October 30, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on positive note gaining around 0.4%.

As we have mentioned last week that support for the stock lies in the range of 650 to 660 where 100 & 200 Daily SMA are positioned. If the stock closes below the levels of 650 then the stock can drift to the levels of 630 where trend-line support for the stock is lying. During the week the stock manages to hit a low of 658 and bounce to close the week around the levels of 682.

Support for the stock lies in the range of 650 to 660 where 100 & 200 Daily SMA are positioned. If the stock closes below the levels of 650 then the stock can drift to the levels of 630 where trend-line support for the stock is lying.

Stock can face minor resistance around the zone of 700 where trend-line resistance for the stock is lying. If the stock manages to close above the levels of 710 then the stock can move to the levels of 740 where trend-line joining earlier highs is positioned.

Broad range for the stock is seen in the range of 650 – 660 on downside to 700 – 710 on upside.

Cipla Outlook for the Week (October 19, 2015 – October 23, 2015)

EquityPandit’s Outlook for Cipla for the week (October 19, 2015 – October 23, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on negative note losing around 1.5%.

As we have mentioned last week that support for the stock lies in the range of 650 to 660 where 100 & 200 Daily SMA are positioned. If the stock closes below the levels of 650 then the stock can drift to the levels of 620 where trend-line support for the stock is lying. During the week the stock manages to hit a low of 660 and bounce to close the week around the levels of 680.

Support for the stock lies in the range of 650 to 660 where 100 & 200 Daily SMA are positioned. If the stock closes below the levels of 650 then the stock can drift to the levels of 630 where trend-line support for the stock is lying.

The stock has broken out of the triangle pattern. Targets for the same can be in the range of 720 to 740.

Stock can face minor resistance around the zone of 700 where trend-line resistance for the stock is lying. If the stock manages to close above the levels of 710 then the stock can move to the levels of 740 where trend-line joining earlier highs is positioned.

Broad range for the stock is seen in the range of 650 – 660 on downside to 700 – 710 on upside.

Cipla Outlook for the Week (October 12, 2015 – October 16, 2015)

EquityPandit’s Outlook for Cipla for the week (October 12, 2015 – October 16, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on positive note gaining around 9%.

As we have mentioned last week that resistance for the stock lies in the zone of 650 to 660 where 100 and 200 Daily SMA are positioned above which the stock can move to the levels of 680 to 700. During the week the stock manages to hit a high of 692 and virtually close at the high point around the levels of 689.

Support for the stock lies in the range of 650 to 660 where 100 & 200 Daily SMA are positioned. If the stock closes below the levels of 650 then the stock can drift to the levels of 620 where trend-line support for the stock is lying.

The stock has broken out of the triangle pattern. Targets for the same can be in the range of 720 to 740.

Stock can face minor resistance around the zone of 700 where trend-line resistance for the stock is lying. If the stock manages to close above the levels of 710 then the stock can move to the levels of 740 where trend-line joining earlier highs is positioned.

Broad range for the stock is seen in the range of 650 – 660 on downside to 700 – 710 on upside.

Cipla Outlook for the Week (October 05, 2015 – October 09, 2015)

EquityPandit’s Outlook for Cipla for the week (October 05, 2015 – October 09, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on negative note losing around 1.5%.

As we have mentioned last week that support for the stock lies in the range of 620 to 630 where long term trend-line and upward moving trend-line for the stock are positioned. If the stock breaks below the levels of 620 on closing basis then the stock can drift to the levels of 570 to 580. The stock manages to hit a low of 628 during the week and close the week around the levels of 633.

Resistance for the stock lies in the zone of 650 to 660 where 100 and 200 Daily SMA are positioned above which the stock can move to the levels of 680 to 700.

Support for the stock lies in the range of 615 to 625 where long term trend-line and upward moving trend-line for the stock are positioned. If the stock breaks below the levels of 620 on closing basis then the stock can drift to the levels of 570 to 580.

Broad range for the stock is seen in the range of 620 – 630 on downside to 660 – 670 on upside.

Cipla Outlook for the Week (September 28, 2015 – October 02, 2015)

EquityPandit’s Outlook for Cipla for the week (September 28, 2015 – October 02, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on negative note losing around 1.3%.

As we have mentioned last week that if the stock breaks below the levels of 650 on closing basis then the stock can drift to the strong support zone of 620 to 630. If the stock moves below the levels of 620 on closing basis then stock can drift to the levels of 580. During the week the stock manages to hit a low of 633 and bounce to close the week around the levels of 643.

Resistance for the stock lies in the zone of 660 to 670 where 100 and 200 Daily SMA are positioned above which the stock can move to the levels of 680 to 700.

Support for the stock lies in the range of 620 to 630 where long term trend-line and upward moving trend-line for the stock are positioned. If the stock breaks below the levels of 620 on closing basis then the stock can drift to the levels of 570 to 580.

Broad range for the stock is seen in the range of 620 – 630 on downside to 660 – 670 on upside.

Cipla Outlook for the Week (September 21, 2015 – September 25, 2015)

EquityPandit’s Outlook for Cipla for the week (September 21, 2015 – September 25, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week that the stock is trading below the strong support zone of 660 where 100 and 200 Daily SMA are positioned.

During the week the stock traded in the tight range of 650 on downside to 665 on upside.

If the stock breaks below the levels of 650 on closing basis then the stock can drift to the strong support zone of 620 to 630. If the stock moves below the levels of 620 on closing basis the stock can drift to the levels of 580.

Resistance for the stock lies in the zone of 660 to 670 where short term moving averages are positioned above which the stock can move to the levels of 680 to 700.

Broad range for the stock is seen in the range of 620 – 630 on downside to 680 – 700 on upside.

Cipla Outlook for the Week (September 14, 2015 – September 18, 2015)

EquityPandit’s Outlook for Cipla for the week (September 14, 2015 – September 18, 2015):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on absolutely flat note losing close to 0.5%.

As we have mentioned last week that the stock is trading below the strong support zone of 660 where 100 and 200 Daily SMA are positioned. If the stock breaks below the levels of 660 the stock can drift to the levels of 620 where long term support for the stock is lying and the stock manages to hit a low of 623 during the week and bounced back to close the week around the levels of 653.

Support for the stock lies in the zone of 620 to 630. If the stock moves below the levels of 620 on closing basis the stock can drift to the levels of 580.

Resistance for the stock lies in the zone of 660 to 670 where short term moving averages are positioned above which the stock can move to the levels of 680 to 700.

Broad range for the stock is seen in the range of 620 – 630 on downside to 680 – 700 on upside.

Cipla Outlook for the Week (September 07, 2015 – September 11, 2015)

EquityPandit’s Outlook for Cipla for the week (September 07, 2015 – September 11, 2015):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing more than 1%.

As we have mentioned last week that the resistance for the stock lies in the zone of 680 above which the stock can move to the levels of 700 to 710 from where the stock has broken out, the stock hit a high of 688 and sold off to the levels of 650 during the week.

The stock is trading below the strong support zone of 660 where 100 and 200 Daily SMA are positioned. If the stock breaks below the levels of 660 the stock can drift to the levels of 620 where long term support for the stock is lying.

Resistance for the stock lies in the zone of 680 above which the stock can move to the levels of 700 to 710.

The stock has formed a Shooting Star pattern on weekly charts. If the stock breaks below the levels of 644 the stock can drift to the levels of 620.

Broad range for the stock is seen in the range of 600 – 620 on downside to 680 – 700 on upside.

Cipla Outlook for the Week (August 31, 2015 – September 04, 2015)

EquityPandit’s Outlook for Cipla for the week (August 31, 2015 – September 04, 2015):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing more than 5%.

As we have mentioned last week that the stock has formed a Bearish engulfing pattern on weekly charts and the stock has to move above the levels of 740 to negate this pattern. Support for the stock lies in the zone of 660 where 100 and 200 Daily SMA are positioned. Below which the stock can drift to the levels of 620 where long term support for the stock is lying. The stock hit a low of 606 and bounce back to the levels of 660 during the week.

The stock is trading near to strong support zone of 660 where 100 and 200 Daily SMA are positioned. If the stock breaks below the levels of 660 the stock can drift to the levels of 620 where long term support for the stock is lying.

Resistance for the stock lies in the zone of 680 above which the stock can move to the levels of 700 to 710 from where the stock has broken out.

Broad range for the stock is seen in the range of 600 – 620 on downside to 710 – 720 on upside.

Cipla Outlook for the Week (August 24, 2015 – August 28, 2015)

EquityPandit’s Outlook for Cipla for the week (August 24, 2015 – August 28, 2015):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 6%.

As we have mentioned last week that the stock is approaching towards the strong resistance zone of 750 to 755 where earlier highs of the stock is lying. The stock was not able to move above the resistance zone of 750 and sold off to the levels of 670 during the week.

The stock has formed a Bearish engulfing pattern on weekly charts and the stock has to move above the levels of 740 to negate this pattern.

Support for the stock lies in the zone of 660 where 100 and 200 Daily SMA are positioned. Below which the stock can drift to the levels of 620 where long term support for the stock is lying.

Resistance for the stock lies in the zone of 700 to 710 from where the stock has broken out.

Broad range for the stock is seen in the range of 650 – 660 on downside to 710 – 720 on upside.

Cipla Outlook for the Week (August 17, 2015 – August 21, 2015)

EquityPandit’s Outlook for Cipla for the week (August 17, 2015 – August 21, 2015):

 

CIPLA:

 

CIPLA

 

CIPLA closed the week on positive note gaining more than 3%.

As we have mentioned last week that the stock is trading around the strong resistance zone of 720 where trend-line joining highs and lower end of upward moving channel are positioned. If the stock manages to close above the levels of 720 the stock can move to the levels of 750 and the stock hit a high of 742 during the week.

The stock is approaching towards the strong resistance zone of 750 to 755 where earlier highs of the stock is lying. If the stock manages to close above the levels of 755 the stock can move to the levels of 770.

Support for the stock lies in the zone of 710 to 720 where short term moving averages and trend-line support are lying.

Resistance for the stock lies in the zone of 750 to 760.

Broad range for the stock is seen in the range of 700 – 710 on downside to 750 – 760 on upside.

Cipla Outlook for Next Week (August 10, 2015 – August 14, 2015)

EquityPandit’s Outlook for Cipla for week (August 10, 2015 – August 14, 2015):

 

CIPLA:

 

CIPLA

CIPLA closed the week on positive note gaining around 1%.

As we have mentioned last week that the stock is trading around the strong resistance zone of 720 where trend-line joining highs and lower end of upward moving channel are positioned. If the stock manages to close above the levels of 720 the stock can move to the levels of 750. During the week the stock hit a high of 731 but could not sustain and sold off to the levels of 716.

If the stock manages to close above the levels of 731 the stock can move to the levels of 750.

Support for the stock lies in the zone of 700 to 705 where short term moving averages and trend-line support are lying.

Resistance for the stock lies in the zone of 720 to 730.

Broad range for the stock is seen in the range of 690 – 700 on downside to 720 – 740 on upside.

Cipla Outlook for Next Week (August 03, 2015 – August 07, 2015)

EquityPandit’s Outlook for Cipla for week (August 03, 2015 – August 07, 2015):  

 

CIPLA:

 

CIPLA

CIPLA closed the week on negative note losing around 1%.

As we have been mentioning since last 2 weeks that if the stock manages to cross above the levels of 691 the stock can move to the levels of 720 and the stock hit the high of 724 during the week before ending the week at around 709.

The stock is trading around the strong resistance zone of 720 where trend-line joining highs and lower end of upward moving channel are positioned.

If the stock manages to close above the levels of 720 the stock can move to the levels of 750.

Support for the stock lies in the zone of 660 to 680 where short term moving averages and 100 Daily SMA is lying. Below which the stock can drift to the levels of 650 where 200 Daily SMA is lying.

Resistance for the stock lies in the zone of 720 to 730.

Broad range for the stock is seen in the range of 660 – 680 on downside to 720 – 740 on upside.