Stock analysis Cipla Limited CIPLA
More indepth analysis on MunafaSutra.com
Recent prices of CIPLA Cipla Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 30 Tue Apr 2024 | 1400.00 | 1395.05 to 1418.95 | -0.57% | 0.78 times |
| 29 Mon Apr 2024 | 1408.00 | 1392.40 to 1420.10 | -0.08% | 0.64 times |
| 26 Fri Apr 2024 | 1409.15 | 1401.25 to 1417.20 | 0.21% | 0.41 times |
| 25 Thu Apr 2024 | 1406.20 | 1384.10 to 1410.45 | 0.57% | 1.2 times |
| 24 Wed Apr 2024 | 1398.20 | 1352.20 to 1401.90 | 3.82% | 2.61 times |
| 23 Tue Apr 2024 | 1346.70 | 1344.50 to 1369.75 | -0.6% | 0.61 times |
| 22 Mon Apr 2024 | 1354.85 | 1348.00 to 1361.95 | 0.68% | 0.58 times |
| 19 Fri Apr 2024 | 1345.75 | 1335.00 to 1357.70 | -0.12% | 0.69 times |
| 18 Thu Apr 2024 | 1347.30 | 1342.40 to 1383.65 | -2.03% | 1.76 times |
| 16 Tue Apr 2024 | 1375.20 | 1371.55 to 1391.95 | -0.45% | 0.85 times |
| 15 Mon Apr 2024 | 1381.40 | 1375.55 to 1399.00 | -1.1% | 0.66 times |
| 12 Fri Apr 2024 | 1396.80 | 1388.00 to 1424.85 | -1.84% | 1.29 times |
Technical analysis forecast for Cipla Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Cipla Limited CIPLA at this time. Stock is falling and might fall more.
It appears as if Cipla Limited CIPLA gave a large move recently.
Stock of Cipla Limited (CIPLA) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Cipla Limited is bearish for shortterm, and stock might move down till 1361.7 or till 1305.5. Use a stoploss of 1408.49 and if the stock hits stoploss, then it can shoot up till 1455.28