CIPLA LTD. - GUTS & INDICATORS !!
CIPLA LTD.
The stock has already witnessed breakout from the rectangle pattern in the daily chart and is consolidating right above the support zone.
Likely to see a breakout above 655 levels and RSI too supporting the strength in the stock. Time Trend is also BULLISH.
However, I am in a dicey situation. Without going into many details. If the prices break the low of 26th May low (624), we might see a quick breakdown of the prices to 600 price point.
KEEP AN EYE !!
Keep a watch.
The stock has already witnessed breakout from the rectangle pattern in the daily chart and is consolidating right above the support zone.
Likely to see a breakout above 655 levels and RSI too supporting the strength in the stock. Time Trend is also BULLISH.
However, I am in a dicey situation. Without going into many details. If the prices break the low of 26th May low (624), we might see a quick breakdown of the prices to 600 price point.
KEEP AN EYE !!
Keep a watch.
-
Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
-
Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.