mklives

CIPLA.. time for a correction?

Short
NSE:CIPLA   CIPLA LTD
CIPLA on weekly charts has formed a spinning top candle, and on daily chart it has formed a dark cloud cover pattern.
looks the steaming rally will come to a pause. any up moves to todays highs can be sold for targets of 640 630 625 to start , with SL of 671
looks like a deeper correction can set in.

note: calls are for reference only. am a learner and my calls can go wrong :) Please Manage Your trade with strict SL.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.