Trade-Technique

Footprint analyzied CIPLA again.

Short
Trade-Technique Updated   
NSE:CIPLA   CIPLA LTD
Presently, CIPLA is created excess on the value high, if it's not break up the value area.

  • Found the two phases for sellers won the price.
  • As per timeCycle analysis, time is far from now for that phase.

As per risk and reward, as a trader can short this stock 567 nearby with stoploss 571 above and wait for target 549.5 and 535 below.
Comment:
Exactly Cipla started to fall from our sell point.
Trade active:
Cipla is still active. We are still waiting for its target.
Comment:
CIPLA target is still far.
Comment:
CIPLA is now very near the TARGET.
Trade closed: target reached
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