cipla has broken trend line on weekly chart
big candle channel is developed
stock taken support on 200 ema
buy this counter with sl of 570 on closing basis
target 616 then 655
enjoy
It is been observed on the Weekly and Daily chart that the price action is breaking out from a downward channel as well as from pitchfork lines, indicating a further move up.
Target: 600
Stoploss: 578
Cipla Daily Chart is interesting. Can you Analyze and predict what may happen?
Clue lies on the left of the chart. Look at the Left. Previous setup gives an indication of what is going to happen however that does not mean that what has happened in past will repeat again. I want you guys to analyze and predict. This will enhance your skills and will give you ...
