NeeteshJain
Long

CIPLA - GOOD BUY MEDICINE

NSE_EOD:CIPLA   CIPLA
40 0 4
As per the Elliot Wave , 5 waves correction has been completed and now I expect three upward corrective waves before the its bearish downtrend resumes in its direction.

Risk/Reward: 1:5
Target: 609-616
Stoploss: 571-580

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