Cipla - Buy only If close above 920

29 Eki 2021

1. Cipla is in long unwinding zone for last 4 week &
trading inside the channel
2. Above 50 EMA
3. Tested the support and bounced
4. Pharma Index also formed same pattern
5. Buy only If close above 920 & Expect 10% return
6. If closes below 50 EMA then expect 10% Correction

21 Kas 2021

Emir iptal

1.Entry missed now on bearish.
2.Double top pattern formed. weekly closed near neckline
3.Channel downside breakout
4. If close below 890 on daily may expect 8 % fall
5. Nifty pharma index also the same pattern and already neckline broken