Sandeepk31

Cautious View on Sanofi - Death Cross

Short
NSE:SANOFI   SANOFI INDIA LTD
Sanofi on Monthly chart is on verge on forming a death cross (20-50 EMA negative crossover)
Cautious on this stock to take entry until there is some confirmation on change in trend.

In case the death cross occurs in a month or two then the below support levels are marked.

Please note: The formation is not yet completed and if there is reversal well and good, else remain extremely cautious from entry,

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