Piyush-Gupta

CIPLA, SERIOUS CANDIDATE FOR LONG WITH DUAL CONFIRMATION

Panjang
NSE:CIPLA   CIPLA LTD
CIPLA is looking really good for long above 835 with 810-815 as support zone with 880+ as target in coming days/week.
CIPLA is breakout of DARVAS box and monthly TL running since Oct'1999 will show resistance around 885 zone.
Similarly Fibonacci extension target of 1.27 is also around same zone of 882-883.

Monthly chart

CIPLA is very high probable setup in coming days.

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Piyush Gupta
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