CIPLA LTDEducation
Cipla : Multiple resistance
Cipla faces important resistance from negative RSI divergence.
Also from falling trendline and Bearish Shark pattern (pointed out by friend Dinesh Nagpal)
Risk reward in favour of correction, as long as it is below 650, with potential support at 490
Also from falling trendline and Bearish Shark pattern (pointed out by friend Dinesh Nagpal)
Risk reward in favour of correction, as long as it is below 650, with potential support at 490
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