CIPLA

Cipla Outlook for the Week (Dec 05, 2022 – Dec 09, 2022)

Check CIPLA Full Analysis At Unicorn Signals

CIPLA Weekly Outlook and Analysis:

For the Week: (Dec 05, 2022 – Dec 09, 2022)

Cipla Outlook for the Week (Dec 05, 2022 – Dec 09, 2022)

Check CIPLA Full Analysis At Unicorn Signals

BSE: 500087| NSE: CIPLA| ISIN: INE059A01026| SECTOR: PHARMA

Stock closed the Weekly on positive Note gaining 0.81%

Cipla Share Price: 1114.35

Weekly High: 1149

Weekly Low: 1094.10

Weekly Range: 9.00 points

Weekly Support & Resistance For Cipla:

RESISTANCE 21174
RESISTANCE 11144
SUPPORT 11089
SUPPORT 21064
Cipla Outlook for the Week (Dec 05, 2022 – Dec 09, 2022)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1089 levels, Minor resistance on the upside is capped around 1144 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 1064 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1174.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 1174 on upside and 1064 on downside.

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