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...
Key Levels for CIPLA are : t.me - JOIN TELEGRAM CHANNEL
Please trade with caution and consult your financial adviser before trading. You can also join our TELEGRAM channel from the below mentioned...
Cipla (Monthly time frame) is close to a breakdown level 470. Sustaining below that (monthly closing basis only) will see further acceleration in downtrend. The next major support is at 425-400 below this level.
check the chart for further details
on 7th august results announced with net profit @447.15cr vs 445.61cr
not as expected hence stock came down back to the support
i think its the best time to invest
please take it for educational purpose or for paper trading !!!!!!!!