CIPLA Breaking out of Bull Flag Long

CIPLA LTDNSE

Description

⋅ Dec 14, 2020 4:59 PM

CIPLA is showing Bullish Flag breakout with above average volume. The gap up which looks like a breakaway gap is indicating further strength in the move. We can look for a price target of 1.618 Fib extension of the recent weekly wave at 880.