Metrotek_Financials

CIPLA INVERSE HEAD & SHUOLDER

Long
NSE:CIPLA   CIPLA LTD
1
As it can be seen that two inverse head and shoulder pattern has been formed in cipla on daily and weekly charts. So it will be a buy on dips strategy at around 575 with a closing basis stoploss of 565
with a short term target of 600. And once if it breakes 600 which is a hurdle then you can easily expect the targets of 670.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.