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SURIYAJONES
Nov 21, 2021 5:48 PM

CIPLA - Looks Bearish expected 8% Fall Short

NSE:CIPLA1W
CIPLA LTDNSE

Description

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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

Chart PatternsDouble Top or BottomTrend LinesdoubletoppatternAscending Broadening Wedge
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