Cipla Ltd
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Cipla

649
Again my favourite pattern. Slanted inverted H&S. This pattern is my invention. Trade is missed though. Just sharing for knowledge. It's on ATH now. Can be taken into consideration if trendline re-test.
Nota
Breaking 1210 on closing basis can initiate short trade. Long term its bullish only.
Nota
Caution: There is negative news right after my analysis. Broken the trend line levels. Forget this trade for few days. not active.
Nota
Level broken. Strictly ignore.
Nota
Above the trendline now.
Dagangan aktif
activated now.

Penafian

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