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Jha_Nidhi
Mar 8, 2023 7:00 PM

CIPLA AT STRONG SUPPORT ZONE !!!!ย Long

CIPLA LTDNSE

Description

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The price is trading at strong demand zone 850-- 875, Which is multiple time tasted by the price. Price taken support multiple times and bounce back towards the upside level. As we can see that price is trading at lower level and we seen a heavy correction in price from the all time high level of 1185 and now price is trading at 877.
850 --- 875 is strong support zone. If price respects the support level and shows good momentum either forms any bullish pattern or candle with high volume than we can plan the trade for upside with low risk & high Reward Setup.


#CIPLA
๐Ÿ‘‰Price Near support zone of 850--875.
๐Ÿ‘‰Heavy Correction Seen from ATH Level of 1185
๐Ÿ‘‰If Respect the support zone than good bounce back possible.
๐Ÿ‘‰Wait for bullish pattern or candle formation with good volume
๐Ÿ‘‰Track on lower TF for strong reversal
๐Ÿ‘‰A good entry we can see

Comment

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#CIPLA ๐Ÿ‘‰๐Ÿ‘‰From the support zone of ..850 To 895+ New Highโœ…โœ…

Comment

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#CIPLA ๐Ÿ‘‰Taken support from the mentioned support zone of 850 and made new high of ...920+โœ”๏ธ

๐Ÿ‘‰850 To 920 โœ”๏ธ

Comment

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#CIPLA Made New High of....946.10

๐Ÿ‘‰๐Ÿป850 ------> 945

๐Ÿ‘‰๐Ÿป100 points Almost Done๐Ÿ’ฐ๐Ÿ’ฐโœ”๏ธ

๐Ÿ‘‰๐Ÿป11% Gain๐Ÿ’ฐ
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