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SURIYAJONES

CIPLA - Looks Bearish expected 8% Fall

Short
CIPLA LTD (NSE:CIPLA)  
SURIYAJONES  
NSE:CIPLA   CIPLA LTD
Chart Patterns Double Top or Bottom Trend Lines doubletoppattern Ascending Broadening Wedge
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chartpattern doubletoporbottom trendline doubletoppattern ascendingbroadeningwedge
1. Uptrend Channel support broken
2. Trading near Double top neckline, If close below 890 on daily may expect 8% fall
3. Nifty Pharma also Same pattern formed & already double top neckline broken can expect 8% fall on nifty pharma index also

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