Short

Intraday (19-11-2020) - CIPLA

By theapextrader7

Updated

intraday levels for 19-11-2020

Trade active

sell active at 750.6. Put SL at cost

Trade closed manually

cost to cost SL hit. No profit no loss

Trade active

going for buy at CMP 751

Note

SLat 745.5

Note

SL hit. Pharma stocks turns negative. recovery trades running in divislab and britannia.

Note

Reversal trade was on note of other pharma stocks being positive. Sticking with the technicals originally analysed would have caught handsome profits. Neverthless, trade with trend should have to be followed all time.

Note

looking back, the sell trade at first was awesome to hold on. got confused by overall uptrend in pharma sector and with stocks like apollohosp,divislabs etc. :(

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