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CIPLA NEWS why is Cipla Limited price falling or rising

CIPLA NEWS reasons for why stock price of Cipla Limited is falling or rising

CIPLA Cipla is falling or rising technical reasons

Technical analysis forecast for Cipla 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 CIPLA at this time. Stock is falling and might fall more.

It appears as if Cipla CIPLA gave a large move recently.

Stock of Cipla (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 is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Cipla stays below 871.8, but if it comes above 871.8, then a intra day buy could be more profitable.
If you take a sell trade below 871.8, then use 871.8 as stoploss and 826.9 as target. However if you take a buy trade in Cipla, then use 871.8 as stoploss and 909.17 as target.

CIPLA Cipla is falling or rising NEWS fundamental reasons

Company Announcement Cipla Limited has informed the Exchange regarding Allotment of 6663 Shares. - NEWS as on 2023-03-20

Company Announcement Cipla Limited and its wholly owned subsidiaries, Cipla (EU) Limited, UK and Meditab Holdings Limited, Mauritius, have entered into a Share Purchase Agreement with Africa Capitalworks SSA 3 on 14th March 2023 for sale of 51.18% stake held in Cipla Quality C - NEWS as on 2023-03-15

Cipla shares gain as co to sell majority stake in Uganda subsidiary With the stake sale, CQCIL will cease to be a subsidiary of Cipla. - NEWS as on 2023-03-15 moneycontrol.com

Stocks to watch: Cipla, Axis Bank, PNC Infratech, RailTel, Glenmark Pharma Stocks to watch today: From Cipla to Axis Bank, here are top stocks to watch out in Wednesday's trading session - NEWS as on 2023-03-15 business-standard.com

Nifty Pharma index hits 2-year low; Cipla, Divis, Laurus Labs at 52-wk lows Analysts said the pace of US FDA inspections has again picked-up in the last few months post Covid, and they have seen increased incidents with 483 observations and adverse outcomes - NEWS as on 2023-03-14 business-standard.com

Cipla inks pact with Africa Capitalworks to sell 51% stake in Uganda unit Drug major Cipla on Tuesday said it has inked a pact with Africa Capitalworks to sell a 51.18 per cent stake in Uganda-based Cipla Quality Chemical Industries Ltd. The company and its wholly-owned subsidiaries, Cipla (EU) Ltd and Mauritius-based Meditab Ho - NEWS as on 2023-03-14 business-standard.com

Company Announcement Cipla Limited has informed the Exchange about Schedule of meet - NEWS as on 2023-03-02

Company Announcement Cipla Limited has informed the Exchange regarding 'USFDA cGMP inspection completed at Cipla s manufacturing facility in Pithampur, Indore'. - NEWS as on 2023-02-20

Company Announcement Cipla Limited has informed the Exchange regarding 'Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'. - NEWS as on 2023-02-07

Company Announcement Cipla Limited has informed the Exchange about Transcript - NEWS as on 2023-01-31

Company Announcement Cipla Limited has informed the Exchange about Link of Recording - NEWS as on 2023-01-27

Company Announcement Cipla Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2023-01-25

More announcements and NEWS

CIPLA Cipla Limited current price & indicator signals

Moving Averages for Cipla Limited

  • 5Day Average: 874.84
  • 12Day Average: 877.93
  • 20Day Average: 905.3
  • 50Day Average: 989.44
  • 100Day Average: 1051.74
  • 150Day Average: 1059.33
  • 200Day Average: 1035.58

CIPLA Indicators & signals

Indicator MACD (12,26,9)

887.69, 924.4, -38.56
Indicator MACD is in negative zone

Indicator ADX (14)

61.49, 8.67, 36.36
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 39
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of CIPLA Cipla Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
20 Mon Mar 2023 866.70 861.80 to 876.90 -0.84% 0.38 times
17 Fri Mar 2023 874.05 870.00 to 888.40 -1.06% 0.83 times
16 Thu Mar 2023 883.45 876.75 to 890.00 0.63% 0.76 times
15 Wed Mar 2023 877.95 872.60 to 883.40 0.68% 0.49 times
14 Tue Mar 2023 872.05 853.85 to 883.70 -0.31% 0.92 times
13 Mon Mar 2023 874.80 872.15 to 889.10 -0.73% 0.64 times
10 Fri Mar 2023 881.20 871.30 to 884.60 -0.06% 0.65 times
09 Thu Mar 2023 881.75 877.00 to 896.85 0.51% 2.33 times
08 Wed Mar 2023 877.25 871.10 to 883.80 -0.41% 1.11 times
06 Mon Mar 2023 880.90 869.05 to 885.55 0.26% 1.55 times
03 Fri Mar 2023 878.65 877.00 to 892.00 -0.88% 0.72 times
02 Thu Mar 2023 886.45 884.50 to 903.00 -1.46% 0.71 times

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