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CIPLA share price chart and nse stock tips - Stock is on bull move will find strong trend line resistance around 661.50 - updated for 24th December 2015, Thursday


CIPLA LTD

Cipla share price chart indicates that stock is on bull move from 09th December 2015 from 620 and so far bulls are in action.

If stock moves up further then will test strong trend line resistance around 661.50 as shown in above technical image.

Once Cipla closes and holds above its previous top @ 661.50 then further bulls action can be seen in coming days. If it fails to holds above then stock may see some correction.

Suggested reading  - Click link below to see list of nse holidays.

Stock indicator "RSI" is trading around 55.78 so far no sign of caution. "MACD" and "slow stochastic" is moving positive zone this indicates further price rise can be seen in coming days.

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