CIPLA LTDShort
CIPLA, clear divergence
on the 8 hour time frame, CIPLA has made higher highs with RSI making a much steeper lower high.it lost .236 fib level, 50 EMA and 10 SMA also breaking the channel since april. can take refugee at 0.5 level of 696 INR unless earnings can move the price up
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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.