Cipla – Topped out ?

Pharma index witness mayhem today due to bad news from US with Dr . Reddy plunging 10%.

Cipla NSE:CIPLA seems to be the only stock which was hammered relatively less today.

However, I can see that the stock is struggling around 78.6% of previous downfall for many days and looks close to a breakdown.

Looks like it is heading for a first target around 600 levels.

Good opportunity to short here with a small stop loss.

Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out