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PrachiMetha
Jul 27, 2023 6:03 AM

CIPLA Looks Bearish  Short

CIPLA LTDNSE

Description

As Per Technical Analysis and Volume Analysis Mention Stock looks Bearish If its break 1159-57 Level then Possibly it will test 1120-1100 Level if you are ready to take Risk then Go with Option Trading.

Buy CIPLA AUG 1130 PE Near 17-18, Sl 13, Target 30,35
Time Frame 5-7 Days
Investment - 11700
Maximum Loss - 3250
Profit upto = 11000

Only for Educational Purpose.

Trade active

Option Order Executed @ 16

Trade active

Sold future

Trade closed: target reached

Comments
parthd14996
Still hold ? Or take a SL?
PrachiMetha
@parthd14996, SL hit you can Exit , Keep CE Trade Open if you are ready To take Risk
PrachiMetha
@parthd14996, Or else Trail Future Sl to 1198 my view still Remain bearish if its break 1208 then ill take Long Entry
sheregarrushabh0
I feel we can go long with this script, if it holds the support.
PrachiMetha
@sheregarrushabh0 I am agree with you but I always prefer short term trend.

currently my view is bearish. now let's see
vsravi2012
👌🤝👏👍
akshay6908
Wake up ??
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