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LearnersParadise
Dec 23, 2020 2:01 PM

Cipla- Box Breakout Long

CIPLA LTDNSE

Description

After a long consolidation cipla is giving out a breakout from a box pattern where it has already tested its resistance 4-5 times and finally a breakout above the resistance might push this stock to much higher levels.
Target should be the difference of the box. (Marked with green).

Keep an eye folks. Cheers and Happy Trading.


Comments
agirinagaraju
Perfect
Luckyashish
Well explained,
I was Waiting for your next analysis...And here it is.
Keep posting.
LearnersParadise
@Luckyashish, sorry for not posting anything in last week.
Glad you liked it
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