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Technicals for Cipla Limited
By MusingTheNews
2026-02-02 20:29
Overall Technical outlook
Price Summary
Cipla Limited's stock began trading at 1330.0 on 2026-02-02, soared to 1333.0, dipped to 1293.1, and finished the day -1.38% down at 1311.6, with 1832837 shares exchanged. The highest price the stock achieved in the past 52 weeks is 1663.6, while the lowest price it saw is 1311.6. CIPLA's future price is expected to lie between 1200.0 and 1870.0, with an average expectation of 1590.3055, as per the recommendations of 36 analysts.
Technicals
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 BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Cipla Limited
Parabolic SAR: The PSAR for CIPLA remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains. Parabolic Stop and Reverse chart for Cipla Limited
Stochastic: The Stochastic K-line has dropped beneath the D-line and is below 20, indicating a mildly bearish outlook. This suggests that the market might experience some downward movement, though the bearish sentiment is mild. Investors should keep an eye on this trend for further confirmation. Stochastic chart for Cipla Limited
Tripple Moving Agerage: A bullish trend is signaled by the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages suggest a potential reversal. The weakening momentum in the shorter-term averages hints that the current upward trend might be nearing its end, signaling the possibility of a shift in direction. Tripple SMA chart for Cipla Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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