NSE:CIPLA has triangle pattern and it is near important resistance , if it crosses the resistance with good volume then we can go long , but always remember if it creates gaps then those gaps will be filled now or a little later point of time
@rajagopalsprabhu, But Pharma Sector has been down for years so COVID was just trigger
c06c2cfe71d0431cb2a12403f0ee46
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are you talking about gap up opening?
angadsinghsunny
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@c06c2cfe71d0431cb2a12403f0ee46, in case there is a gap up ( Incase ) , then the 588 will be new support which it might touch once and again move above the gap up level.
angadsinghsunny
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@angadsinghsunny, take 25 % of the qua with the gap up another 25 % when it touches the support 588 and 50% when it breaks the gap up level and immediately exit the position and dont miss the stop loss