What happen to CIPLA

#1
Hello members !!!
Can u tell me what happened to CIPLA. After getting huge trading session it is still going down ...
Whats its scope.... I have got it at 180....
 
#3
Date Open High Low Close Traded Value
(Rs. Cr.) No. Of Trades Traded Qty
04-09-2007 173.00 181.90 173.00 179.60 26.06 15757 1456010
05-09-2007 181.00 185.35 180.50 182.95 17.10 9981 932407
06-09-2007 183.00 185.65 181.00 185.00 7.95 5634 431962
07-09-2007 186.00 186.75 179.80 180.65 11.70 5385 641687
10-09-2007 180.00 181.75 177.50 178.75 7.03 4679 391617
11-09-2007 180.00 181.85 177.35 177.70 5.11 3580 285674
12-09-2007 179.50 179.90 175.00 175.25 5.14 3637 291567
13-09-2007 175.50 177.80 172.25 175.05 7.73 4026 439441
14-09-2007 177.00 177.50 171.10 172.05 5.87 3434 336764
17-09-2007 170.05 174.70 170.05 171.95 4.22 3002 244741
18-09-2007 171.25 172.80 167.90 168.50 12.28 7280 725311
19-09-2007 173.00 173.00 168.50 169.50 11.14 5466 654461
20-09-2007 172.90 172.90 168.00 168.95 13.15 4972 773412
21-09-2007 169.00 169.85 166.00 167.40 9.98 5786 596570
 

Linus

Active Member
#5
Hi Kamaal,

Cipla is in a prolonged down trend and I am not sure whether the small support @ 160 will hold, and if not where is the next support coming from.

Exit if it breaks 160.

ss :)
 

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#6
Thanks fr ur information.
Can u tell me how much long i can hold it... ?
I m having its 100 @ 177 :(
I just purchased it 10 days before .. whether i hold it for 6 or more moths or just got money and get exit at current price.. ?
 
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Linus

Active Member
#7
Thanks fr ur information.
Can u tell me how much long i can hold it... ?
I m having its 100 @ 177 :(
I just purchased it 10 days before .. whether i hold it for 6 or more moths or just got money and get exit at current price.. ?
What is the purpose in holding on to a losing position ? How much loss can you afford to take? Just for an example, if you put your stop at 160, you stand to lose 1700 + brokerage. Decide now!

ss :)
 
#8
What is the purpose in holding on to a losing position ? How much loss can you afford to take? Just for an example, if you put your stop at 160, you stand to lose 1700 + brokerage. Decide now!

ss :)
may b price can get high and i get better price. thats y i dont want loss . i m not a big trader. so cant afford loss more than 500-700
 

Linus

Active Member
#9
may b price can get high and i get better price. thats y i dont want loss . i m not a big trader. so cant afford loss more than 500-700
I don't understand ... the stock closed at 167 today, that means you are already down Rs 1000 ! BTW, big traders take small losses, and let their profits run!

ss :)
 
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