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Time to long CIPLA
CIPLA LTD
Long
Time to long CIPLA
By MohitKakkad
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Updated
May 26, 2020
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May 22, 2020
Long Cipla
1. Fibonacci retracement level of 61.8% broken
2. 5SMA above 20SMA indicating uptrend
3. Weekly RSI above 60
4. High volume
5. Green candle forming bullish engulfing patter
Target around 680
Stoploss 3% (can vary as per individual risk management)
Do like, follow and share if you like my posts
May 23, 2020
Trade active
Trading above buy price
May 26, 2020
Trade closed: stop reached
My stoploss hit. Exited the trade.
Chart Patterns
cipla
Technical Indicators
Trend Analysis
MohitKakkad
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