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CIPLA - Breakout on a Weak Market

CIPLA like other pharma stocks showed relative strength in today's trading session and gave a quick sharp breakout. This is the 15min chart which fulfills criteria of a proprietary strategy which i call "Hide & Seek" ... essentially a swing trade with the flow of the underlying trend. Nice to notice that after the first bout of momentum, the stock came down to ...

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NIFTY, 15 Short
Nifty- Polarity Reversal Support in 9815-9825 Zone

Nifty Analysis is based on cash / spot data. Sell First & Buy Later (S-L) There is a polarity reversal zone between 9815-9825 which we left in today's gap up opening so we are interested for that zone. Holding Stops above 9910 we can look for support in the polarity reversal zone of 9815-9825 Next. We look to sell close to 9910 if it holds below 9910 means ...

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