CIPLA // Levels

As of January 2, 2025, Cipla Limited (NSE: CIPLA) is trading at ₹1,529.10, reflecting a 0.01% increase from the previous close of ₹1,529.00.

Technical analysis indicates the following support and resistance levels:

Support Levels:

S1: ₹1,516
S2: ₹1,503
S3: ₹1,487

Resistance Levels:

R1: ₹1,545
R2: ₹1,561
R3: ₹1,574

These levels suggest that if the stock price falls below the immediate support at ₹1,516, it may find the next support at ₹1,503. Conversely, if the price rises above the immediate resistance at ₹1,545, it could encounter the next resistance at ₹1,561.

Additionally, the Relative Strength Index (RSI) for Cipla is currently in a neutral range, indicating neither overbought nor oversold conditions.

Please note that stock prices are subject to market volatility, and it's advisable to consult financial advisors or use real-time trading platforms for the most current information.