Cipla..... bearish flag in the making ???
It is observed that after a impulse wave pattern, the stock is trying to make a bearish flag pattern on daily charts. Sell the stock on lower trend line break on retacement for the mentioned levels. Also mentioned in the Charts are the possible price action . one can also initiate a sell on the stock at higher levels( sell zone ) on some kind of a reversal pattern. stoplosses will be mentioned once the trade gets triggered.
plan your trades & then trade the plan .
happy trading !!!
plan your trades & then trade the plan .
happy trading !!!
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