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CIPLA - GET A MOVE ON ... 696/745
CIPLA LTD
Long
CIPLA - GET A MOVE ON ... 696/745
By CompoundingGain
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Jun 21, 2020
3
Jun 21, 2020
Was anticipating some news for this a few weeks ago and since then has just been messing about.
Just read that its got some sort of approval for COVID medication which should cause some interest in this and pump it .
On the higher time frames looks like the bull flag has been painted with a golden cross on the 2 day chart imminent.
Low time frame 636 has been broken and also flipped again into support with a lovely bullish engulfing on the 30 minute to close on friday .
645 we cross and then continue to 696 , 745
After flipping 745 this has a lot of room to grow 1097 is where the next major resistance is at.
already in a swing position on this going to look at a possible intra day with 641 possible entry ..
Chart Patterns
Technical Indicators
Trend Analysis
CompoundingGain
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