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Cipla - Double Top

CIPLA LTD (NSE:CIPLA)  
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NSE:CIPLA   CIPLA LTD
Trend Analysis Double Top or Bottom Double Top rsitrendline
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trendanalysis doubletoporbottom doubletop rsitrendline
CIpla has double top and it need to break neckline for confirming pattern, Presently getting daily trendline as well as RSI trendline support. If it broke trendline and neckline then will get a good opportunity for short. For now it seems it wll reverse from here as trendline is supporting it.

*Retracement of 78.6 at trendline support shows a reversal.
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