Get started
TradZoo

Head and Shoulder Pattern in CIPLA for target of 802-

Short
CIPLA LTD (NSE:CIPLA)  
TradZoo  
NSE:CIPLA   CIPLA LTD
Support and Resistance Head and Shoulders Moving Averages cipla priceaction breakouttrading short
10
0
supportandresistance headandshoulders movingaverage cipla priceaction breakouttrading short
After continues uptrend in CIPLA in today's session its breakout the head and shoulder pattern neckline. Also, It's trading below 200 DEMA in the 15-minute timeframe. Its indicates trend reversal up to projected minimum downside target 802. Possible this target achieve in today or tomorrow session.

Possible Trade:
Sell CIPLA below 820
Stop-loss - 824.50
Target 810 802-
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.