This trade is for intraday basis on June 12.
I can see that Cipla CIPLA is struggling at the resistance zone around 562 levels with a negative divergence on 15 min chart.
Will look for selling opportunities below 562 if available near current levels for a first target around 546 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
I can see that Cipla CIPLA is struggling at the resistance zone around 562 levels with a negative divergence on 15 min chart.
Will look for selling opportunities below 562 if available near current levels for a first target around 546 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.