The price action suggest, it might break out above at least 1300.
Still chances to move until 1320. Targets calculated with fib.
Within this month we could see Cipla crossing 1300.
Still chances to move until 1320. Targets calculated with fib.
Within this month we could see Cipla crossing 1300.
Trade closed: target reached
That was really good trade. Not really entered here but the hypothesis worked. It touched Target 4. Even went above Target 4. Now still there is more upside but that will be new trade. Closing this now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.