Cipla – Looks weak

This trade is for intraday basis on June 12.

I can see that Cipla NSE:CIPLA is struggling at the resistance zone around 562 levels with a negative divergence on 15 min chart.

Will look for selling opportunities below 562 if available near current levels for a first target around 546 levels.

Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.


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