CIPLA LTD Stock Trading Recommendations

CIPLA LTD

• Stock moving up from 23.6% fibonacci retracement support zone this will favor bulls, Upper side cipla will find resistance around 639, Once closes and holds above 639 then further price rise can be seen.
• Stock also moving up from 50 days moving average, as long as holds above bulls will be favored.
• Once stock close above 639 then Cipla will find next strong resistance around 680 (161.8% fibonacci retracement).

BHARTI AIRTEL trading tips - Stock looking bullish above 420.

BHARTI AIRTEL

• Stock is trading above its golden ratio resistance zone, this indicates as long as trading above golden ratio bulls will be favored.
• Stock also moving up from 100 DMA this too will favor bulls. On upper side will find strong trend line resistance around 420, once closes and holds above 420 then further price rise can be seen.
• Once stock closes above 420 then Bharti airtel will find next strong resistance around 444 (161.8% fibonacci retracement).

AMBUJA CEMENTS Stock Tips, Bullish above 221

AMBUJA CEMENTS

• Stock has formed rectangle formation, sharp move expecting once it comes out from it formation.
• Stock also moving up from 200 DMA, this will favor bulls as long as it holds above.
• If stock closes above its previous top @ 221 then looks bullish as long as holds above 221 and will find next strong resistance around 225, 227, 232 and 244.