c0dchef

CIPLA - Head & Shoulders - 1H TF

Short
c0dchef Updated   
NSE:CIPLA   CIPLA LTD
Head & Shoulders pattern forming on Hourly Chart of CIPLA. SELL 630, SL 655.15, Target - 600. Risk Reward does not look quite good here. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Comment:
Gap Down opening. Can be sold again as per levels.
Trade closed: stop reached:
Low @ 621.1 and then SL.
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