TradingView
Jnaneshsd
Jun 5, 2017 3:55 PM

CIPLA "Taking support near major Trendline" Long

CIPLA LTDNSE

Description

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.


Happy Trading

Feel free to write us
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"
More