CIPLA - Breakout on a Weak Market

CIPLA like other pharma stocks showed relative strength in today's trading session and gave a quick sharp breakout. This is the 15min chart which fulfills criteria of a proprietary strategy which i call "Hide & Seek" ... essentially a swing trade with the flow of the underlying trend. Nice to notice that after the first bout of momentum, the stock came down to find support at the resistance line. Technical Analysis for Everyone - https://goo.gl/Nr6WVF


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