Jnaneshsd

CIPLA "Taking support near major Trendline"

Long
Jnaneshsd Updated   
NSE:CIPLA   CIPLA LTD
2
Cipla after a sharp fall from 619 levels now price has halted near trend line support. RSI Oscillator from over sold (RSI30) sharply reversed to (RSI45).
Price has taken support near major trend line, & looks like Buying!! Traders can buy in the zone 502 to 525 range and maintain stoploss current recent low has price failure near the trend line.


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Jnanesh Shetty
Trade active
Trade active
Comment:
Slowly price is trying to take moment lets see, How it is going to fire.
If it fires on bullish its nothing just say "powerofchartsz"
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