Buy above 354.8 Targets are 356,358.25,361.3,362,364.7,367.95,373.5,379.3++ SL-347.4
INDIGO CHART Case-1:If it takes Support and bounce back upwards then we can look for Long. Buy above 1777 Targets are 1799,1803.8,1814.3,1821,1830++ SL-1793 CASE-2: If it breaks Support then choose Sell. SELL BELOW 1741.55 TARGETS ARE 1735,1727.2,1718.85,1704.15,1698.2,1670.4-- SL-1777
Flag pattern Formed. Case-1: If it breaks Flag Upwards we can see an Upward Movement. Case-2: We may see downfall from CMP and by taking support it can move Upwards. Case-3: If it breaks flag Downwards we can see further Downward Movement.
Flag pattern Formed. Case-1:(Green Color) If it breaks Flag Upwards we can see an Upward Movement. Case-2:(Purple Color) We may see downfall from CMP and by taking support it can move Upwards. Case-3:(Red Color) If it breaks flag Downwards we can see further Downward Movement.
CIPLA CHART IN 1D TF. ANALYSIS: RSI DIVERGENCE (BULLISH) Formed. Case-1: As per Technical Indicator if it breaks Trend Line Can go for Long above 432.55 and can see an upward Movement Case-2: If it breaks Support go or short below 419.2 and we can see downfall Movement.
CIPLA CHART IN 1D TF. Note: Orange Line-> Trend Line Black Line -> RSI Divergence Blue Line -> Channel ANALYSIS: RSI DIVERGENCE (BULLISH) Formed. Case-1: As per Technical Indicator if it breaks Trend Line Can go for Long above 432.55 and can see an upward Movement Case-2: If it breaks Support go or short below 419.2 and we can see downfall Movement.
Flag Pattern Formed Black Line represents RSI Divergence. Analysis: Case -1:(In Grey Line) If it breaks Flag upward we can see huge upward Movement. Case-2:(In Red-Grey Lines) From CMP it may Fall till 1725.15 and taking support it can reach 1804.3. Case-3:(In Orange Line) From CMP We can see huge Down Fall if it breaks Flag-Pattern.