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Technicals for Cipla Limited
By MusingTheNews
2025-05-30 20:30
Overall Technical outlook
Price Summary
On 2025-05-29, CIPLA's stock opened at 1475.0, reached a peak of 1479.5, dropped to 1463.0, and ended 0.13% up at 1476.9, with a volume of 1383631 shares. The top price for the stock in the last 52 weeks is 1680.5, with the bottom price being 1384.7. Analysts' predictions indicate that CIPLA's future price will be between 1280.0 and 1875.0, with a mean price expectation of approximately 1649.6487.
Technicals
Support and Resistance: The price of 1476.9 is supported at 1447.3 and capped by resistance at 1494.9. These levels mark key points for Cipla Limited where the price could find stability, with 1447.3 as a floor and 1494.9 as a ceiling. Support/Resistance for CIPLA
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Cipla Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Cipla Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Cipla Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for Cipla Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for Cipla Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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