As we can see in the above chart, CIPLA is rising for the past few weeks, and it might be up to the Daily Supply Zone. It will come down, and even though the Demand Zone is of 75 Minutes, it has the support of the 20 EMA also, which makes sure that the price might take support there. Also, the 8 EMA is above the 20 EMA, showing the chances of the price to retreat to the demand zone from the supply zone, and then to rise up again. Also, the 75 MIN Trend is up, which makes it easier for us to buy at the demand zone. So, it is short, then long.
