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TradZoo
Dec 30, 2020 6:32 AM

Head and Shoulder Pattern in CIPLA for target of 802- Short

CIPLA LTDNSE

Description

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-
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