themarketcafe

CIPLA 15MIN

Long
NSE:CIPLA   CIPLA LTD
CIPLA made a upward channel earlier then made a head and shoulder pattern which I already posted here and short sell target was achieved. Currently CIPLA is ready to make a reversal for the upside but making a downward trend, breaking of downside channel with a volume upside can give a long position for this green lines are for buy and red lines are for short sell.
Trade closed: target reached: 4% 1st target achieved
Comment: 7% up