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Check CIPLA Full Analysis At Unicorn Signals
CIPLA Weekly Outlook and Analysis:
For the Week: (Jan 30, 2023 – Feb 03, 2023)
Check CIPLA Full Analysis At Unicorn Signals
BSE: 500087| NSE: CIPLA| ISIN: INE059A01026| SECTOR: PHARMA
Stock closed the Weekly on negative Note loosing 0.59%
Cipla Share Price: 1047.25
Weekly High: 1074.90
Weekly Low: 1020
Weekly Range: 6.20 points
Weekly Support & Resistance For Cipla:
| RESISTANCE 2 | 1101 |
| RESISTANCE 1 | 1074 |
| SUPPORT 1 | 1033 |
| SUPPORT 2 | 993 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1033 levels, Minor resistance on the upside is capped around 1074 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 @ 993 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 @ 1101.
Stock is trading on 200 days exponential moving average, suggests long term trend is nutral. EquityPandit predicts range for the Weekly as 1101 on upside and 993 on downside.
