Potential Shorting Opportunity in CIPLA
There is a potential short opportunity in Cipla, below are the reasons,
1. In 4 hours time frame CIPLA price got rejected at a Resistance
2. Resistance line coincide with Fib 0.5 retracement level
3. Minimum 1:15 R:R
in.tradingview.com/chart/mV4YyWZc/
1. In 4 hours time frame CIPLA price got rejected at a Resistance
2. Resistance line coincide with Fib 0.5 retracement level
3. Minimum 1:15 R:R
in.tradingview.com/chart/mV4YyWZc/
Note
R:R 1 : 1.5
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.