premanandh

sell cipla

Short
NSE:CIPLA   CIPLA LTD
cipla on daily charts is inside an ascending triangle pattern currently market price is in major resistance level which is the base of triangle yesterday 1-4-18 it formed a shooting star pattern which indicates a trend reversal and today 3-5-18 it is forming engulfing pattern RSI have also reached oversold levels and returning back if bearishness continues for today we can go for sell ( if u find this idea useful, irrelevant, wrong) please do post your comment and views it will be of great use, ideas and comments are always welcomed

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