Cipla buy for swing Long

CIPLA LTDNSE

Description

⋅ May 8, 2021 6:44 AM

CIPLA
MULTITIME FRAME ANALYSIS
1:- Price is at Daily Support.
2:- Price is following Downtrend line in 1 hour time frame (Counter Trend).
3:- After the breakout of counter trendline, Price will also break 50 EMA dynamic SNR.

ENTRY:- 890Rs - 900Rs

1st TARGET:- 940Rs
2nd TARGET:- 970Rs
3rd TARGET:- 1000Rs

STOPLOSS:- 840Rs

NOTE:- Close 50% trade at 1st target
Remaining 25% trade Close at 2nd target
and finally close all remaining trades at 3rd target.