Cipla-Intraday 06.05.2024- Bulls, Are you ready?

CIPLA

Day TF
Healthy Hammer candle formed in day

15 Min TF

Price is under consolidation which is very good sign for further movement
Price has rejected from support level.
Price has reacted well with 200 EMA & 50 EMA today.
Good Recovery after 10 AM

Buy:
Risky trader: Buy at 1428. Target 1%
Direct Gap-up entry should be avoided


Get confirmation from any of the leading indicators before entering trade

Kindy comment below in case of any clarification required on this particular idea.
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“Confidence is not ‘I will profit on this trade.’ Confidence is ‘I will be fine if I don’t profit from this trade.” - Yvan Byeajee

Emir iptal:

Price has not reached entry level.