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: