This scrip is moving very slow
and every time they make correction its very very bad movement ,
if you have patience you can look to enter or else look some thing different
but this one is moving up to forecast target
If you get a chance to enter 550 below and lower low, it's great to buy.
We have found tail on control price.
We need a big spike on this stock for move 565-567.
We are seeing more excess at value low which indicates that, can break downward. This is a red flag.
Different of -ve and +ve points, CIPLA is good at 547-550 with strictly stop loss.
I have added me...
Bullish Shark pattern on 2H Chart of CIPLA. BUY around 543-544.
I starting learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s) & SL levels, which I'll be posting when I get proficient enough to.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...
Bullish & Bearish Bat pattern on 1H Chart of CIPLA. BUY around 554-555 levels. SELL around 569-570 levels.
I just started learning Harmonics, don't know how to perfectly calculate Target(s) and SL, yet.