CIPLA
CIPLA looks completed its wave moment. Below are the EW counts for Cipla. Stock also shows -ve divergence on RSI and MACD on Daily charts.One can short the stock at CMP for positional targets of 617 & 570.
Chart posted with labels and divergence. Don't hesitate to short the stock. F&O traders can buy 620 PE and hold with convection in November Series.
Note stock also gave reversal sign with Insider bar formation on candlestick charts.
CIPLA looks completed its wave moment. Below are the EW counts for Cipla. Stock also shows -ve divergence on RSI and MACD on Daily charts.One can short the stock at CMP for positional targets of 617 & 570.
Chart posted with labels and divergence. Don't hesitate to short the stock. F&O traders can buy 620 PE and hold with convection in November Series.
Note stock also gave reversal sign with Insider bar formation on candlestick charts.
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