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shadowthenoobtrader
14 de Mar. de 2022 18:55

CIPLA LTD | LONG CONSOLIDATION BREAKOUT  Largo

NSE:CIPLA1D
CIPLA LTDNSE

Descripción

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CIPLA LTD has been trying to break out the 1000 level but has finally given a beautiful breakout above the 1000 level.

The Target price according to the channel low is 1150 but I would suggest here to follow super trend lower band, as I believe that super trend performs well in trending chart patterns.

Operación cerrada: precio stop alcanzado

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Trend AnalysisTechnical Indicators
Comentarios
rhjain
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@shadowthenoobtrader - you mean we need to buy at 1000 level ?
shadowthenoobtrader
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@rhjain, If you want to play safe, then for 1000 level if it tries to retest.
shadowthenoobtrader
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@rhjain, you can buy now if you want to go long in it, as it has given retracements.
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