Cipla Ltd
Short
Updated

Footprint analyzied CIPLA again.

676
Presently, CIPLA is created excess on the value high, if it's not break up the value area.

  • Found the two phases for sellers won the price.
  • As per timeCycle analysis, time is far from now for that phase.


As per risk and reward, as a trader can short this stock 567 nearby with stoploss 571 above and wait for target 549.5 and 535 below.
Note
Exactly Cipla started to fall from our sell point.
Trade active
Cipla is still active. We are still waiting for its target.
Note
CIPLA target is still far.
Note
CIPLA is now very near the TARGET.
Trade closed: target reached

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