There is a potential short opportunity in Cipla, below are the reasons,
1. In 4 hours time frame CIPLA price got rejected at a Resistance
2. Resistance line coincide with Fib 0.5 retracement level
3. Minimum 1:15 R:R
in.tradingview.com
in.tradingview.com
Short Opportunity in Britannia
Reasons
A. Price Rejected at trendline in 4 hours timeframe
B. The trendline rejection is also a golden level of Fibonacci retracement levels
C. There is a minimum of 1:1.5 risk reward potential
