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 1358.2, but if it comes above 1358.2, then a intra day buy could be more profitable.
If you take a sell trade below 1358.2, then use 1358.2 as stoploss and 1294.7 as target. However if you take a buy trade in Cipla, then use 1358.2 as stoploss and 1411.14 as target.

CIPLA Cipla is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-04-22

Cipla gets Rs 1.83 cr penalty for claiming inadmissible transitional credit Pharma major Cipla Ltd on Friday said it has been imposed a penalty of Rs 1.83 crore by the GST authority for claiming inadmissible transitional credit on education cess. The company has received an order from the Principal Commissioner of CGST & Central E - NEWS as on 2024-04-19 business-standard.com

Company Announcement Cipla Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-04-18

Cipla Q4 PAT may dip 24.9% YoY to Rs 869.4 cr: ICICI Securities Net Sales are expected to decrease by 4.7 percent Y-o-Y (up 9.6 percent Q-o-Q) to Rs 6,290.9 crore, according to ICICI Securities. - NEWS as on 2024-04-17 moneycontrol.com

Company Announcement Cipla Limited has informed the Exchange about Acquisition of a business undertaking from Ivia Beaute Private Limited, India - NEWS as on 2024-04-16

Cipla to acquire Ivia Beaute's cosmetics, personal care biz for Rs 130 cr Pharma major Cipla Ltd will acquire the cosmetics and personal care distribution and marketing business of Ivia Beaute Pvt Ltd, including the latter's brands Astaberry, Ikin and Bhimsaini, on a worldwide basis for Rs 130 crore, according to a regulatory fi - NEWS as on 2024-04-16 business-standard.com

Stocks in news: RIL, Jio Financial, JSW Infra, Cipla, Gujarat Gas Reliance Industries Ltd will announce its March quarter results on April 22. Along with the quarterly numbers, the company's board will also consider and approve a dividend. - NEWS as on 2024-04-16 indiatimes.com

Board Meeting to discuss Financial Results/Dividend To consider and approve the financial results for the period ended March 31, 2024 and dividend - NEWS as on 2024-04-08

Company Announcement Cipla Limited has informed the Exchange regarding 'USFDA inspection at Company s manufacturing facility in Patalganga, Maharashtra, India'. - NEWS as on 2024-04-05

Company Announcement Cipla Limited has informed the Exchange about Merger of Cipla Technologies LLC, USA with Cipla USA Inc., USA, wholly owned step-down subsidiaries of the Company - NEWS as on 2024-03-27

More announcements and NEWS

CIPLA Cipla Limited current price & indicator signals

Moving Averages for Cipla Limited

  • 5Day Average: 1353.96
  • 12Day Average: 1399.39
  • 20Day Average: 1430.74
  • 50Day Average: 1449.86
  • 100Day Average: 1366.58
  • 150Day Average: 1311.51
  • 200Day Average: 1273.92

CIPLA Indicators & signals

Indicator MACD (12,26,9)

1390.12, 1419.2, -16.47
Indicator MACD is in negative zone

Indicator ADX (14)

42.06, 12.22, 29.97
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
23 Tue Apr 2024 1346.70 1344.50 to 1369.75 -0.6% 0.65 times
22 Mon Apr 2024 1354.85 1348.00 to 1361.95 0.68% 0.62 times
19 Fri Apr 2024 1345.75 1335.00 to 1357.70 -0.12% 0.74 times
18 Thu Apr 2024 1347.30 1342.40 to 1383.65 -2.03% 1.88 times
16 Tue Apr 2024 1375.20 1371.55 to 1391.95 -0.45% 0.91 times
15 Mon Apr 2024 1381.40 1375.55 to 1399.00 -1.1% 0.71 times
12 Fri Apr 2024 1396.80 1388.00 to 1424.85 -1.84% 1.38 times
10 Wed Apr 2024 1422.95 1406.00 to 1455.30 -1.89% 1.57 times
09 Tue Apr 2024 1450.30 1447.10 to 1470.00 -0.83% 0.77 times
08 Mon Apr 2024 1462.45 1449.40 to 1472.85 0.9% 0.66 times
05 Fri Apr 2024 1449.40 1437.50 to 1474.00 -0.7% 0.76 times
04 Thu Apr 2024 1459.55 1445.10 to 1481.20 -0.81% 0.93 times

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CIPLA NEWS why is Cipla Limited price falling or rising

 

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