Cipla-Intraday 06.05.2024- Bulls, Are you ready?
Updated
CIPLA Day TF
Healthy Hammer candle formed in day
15 Min TF
Price is under consolidation which is very good sign for further movement
Price has rejected from support level.
Price has reacted well with 200 EMA & 50 EMA today.
Good Recovery after 10 AM
Buy:
Risky trader: Buy at 1428. Target 1%
Direct Gap-up entry should be avoided
Get confirmation from any of the leading indicators before entering trade
Kindy comment below in case of any clarification required on this particular idea.
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“Confidence is not ‘I will profit on this trade.’ Confidence is ‘I will be fine if I don’t profit from this trade.” - Yvan Byeajee
Order cancelled
Price has not reached entry level.Related publications
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