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Bearish Pattern formation in Cipla.
CIPLA LTD
Short
Bearish Pattern formation in Cipla.
By ssvirdi
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Updated
May 13
1
3
6
6
May 8
Trend - Negative
All details are marked on the chart.
May 9
Trade active
Down 1.87%
The price is falling with a good momentum.
So, I hold my short position.
May 10
Trade active
Profit at Closing : +3.43%
1st Adjustment - SL Revised at 1%
All details are marked on the Chart
May 13
Trade closed: stop reached
Today my revised stop loss triggered with a profit of 1%.
Position closed.
Bearish Patterns
breakdown
Chart Patterns
cipla
Technical Indicators
Trend Analysis
ssvirdi
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Price Action vs Indicators : A Fresh Perspective
by ssvirdi
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