Mridu_A

Cipla : Multiple resistance

Education
NSE:CIPLA   CIPLA LTD
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
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.