CIPLA LTDLong
CIPLA // levels
As of January 1, 2025, Cipla Limited (CIPLA) is exhibiting the following support and resistance levels:
Support Levels:
Immediate Support: ₹1,508.25
Next Support: ₹1,494.07
These levels suggest that if the stock price declines below ₹1,508.25, it may find support around ₹1,494.07.
Resistance Levels:
Immediate Resistance: ₹1,539.85
Next Resistance: ₹1,553.00
If the stock price surpasses ₹1,539.85, it could encounter resistance near ₹1,553.00.
These support and resistance levels are crucial for traders and investors to monitor, as they can indicate potential price movements and assist in making informed trading decisions.
For a more in-depth understanding of how to identify support and resistance levels, you might find the following video helpful:
Support Levels:
Immediate Support: ₹1,508.25
Next Support: ₹1,494.07
These levels suggest that if the stock price declines below ₹1,508.25, it may find support around ₹1,494.07.
Resistance Levels:
Immediate Resistance: ₹1,539.85
Next Resistance: ₹1,553.00
If the stock price surpasses ₹1,539.85, it could encounter resistance near ₹1,553.00.
These support and resistance levels are crucial for traders and investors to monitor, as they can indicate potential price movements and assist in making informed trading decisions.
For a more in-depth understanding of how to identify support and resistance levels, you might find the following video helpful:
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