TradingView
IIT-Trader
May 28, 2023 8:00 AM

CIPLA--@Channel Breakout Level. 

CIPLA LTDNSE

Description

Observations::
------>> the stock is Trading in the channel, wait for channel to be broken, Upside or downside.
we have a strong supply zone @960 level,
where previously strong sell of is observed, and slowly moving to upside.
if it it breaks upside we have gap left @1020 level that will acts as Resistance.
if it breaks down we have strong demand @800 level, wait for more confirmation.

If it is a drop base drop form...more fall is going to observe to the below levels.
keep use alerts.

Comment

Comment

Continue to move upside in the channel.
More