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CIPLA-INTRADAY TREND & SHORT TERM TREND


UP- 38 Probability Ratio of CIPLADOWN -44
UPDATED--May/21/2013-CMP-417.35 Currently CIPLA is in HOLD LONG position In short term share is in strong up trend so hold with stop at 414 The CIPLA is now trading is approaching overbought level. The oscillator is showing BUY signal .The short term buy signal is supported by 88 % indicators.
Intraday trend-Buy is advised above 424.9 with a stop at 413.2 Below 409.8 go for sell with stop at 421.6 The intraday signal is SELL and it is supported by 63 % indicators.
Intraday Resistance of CIPLA are 423.3 : 428.3 : 434.8 : 440.9 : 447 : 451.4 : 455.9
Intraday Support of CIPLA are 411.4 : 406.4 : 399.9 : 394.1 : 389.9 : 385.8==>>Click Here to View CIPLA -Future & Option Analysis
INTRADAY PROBABLE HIGH PROBABLE LOW
R4 430.6 BULL 441 403
R3 424.9 UP BREAKOUT 431 412
R2 422.9 UP CAUTION LEVEL FOR LONG LEVEL FOR SHORT
R1 421.6 SELL 427 414
PIVOT 420.1   5 DAY HIGH 428
S1 413.2 BUY 5 DAY LOW 392.25
S2 411.8 DOWN CAUTION AVG VOLUME 1558023
S3 409.8 DOWN BREAK OUT LAST DAY Strong bear
S4 404.2 BEAR HIGH 426.95
TRADING POSTION SLIGHT BEAR LOW 416.05

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