tradewidmufeeth

Cipla Reversal Rally

Long
NSE:CIPLA   CIPLA LTD
The stock has broken down from the previous pattern but found support around 875. Trade is supported by brokerage calls and Supports Nearby including 200 EMA.
Risk Reward Ratio - 2:1
SL is placed below the support zone, Lower Trendline and 200 EMA. The target is placed near swing high.

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.