Munish_baadshah

Cipla for Option Buying

Long
NSE:CIPLA   CIPLA LTD
-> Cipla in weekly chart is taking support 850
-> In 1hr Timeframe it is in channel pattern
-> If it breaks above the trendline we can go for CE
-> If it takes resistance and reverse down we can go for PE
-> Breakout candle or resistance candle can be the stoploss
-> Make sure that you take next month contract (April)

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