CIPLA: Analysis

Yesterday cipla broke out from its range today it retested and started moving as expected.
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Reason to Buy :
1) Broke out from triangle pattern with good volume.
2) Good price action in one hour time frame(Triangle breakout as well).
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Stop-loss must be kept at previous immediate swing. RR ratio must be calculated before taking the trade.

Trade active:

Good Profit in Progress

Comment:

Might come for gap filling in upcoming days.

Trade active:

Profit in progress

Trade active:

Still Holding on to this trade.

Trade closed manually