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Swing Setup

CIPLA LTD (NSE:CIPLA)  
pranav_nanavare  
NSE:CIPLA   CIPLA LTD
Support and Resistance Trend Lines Triangle cipla ciplabuy ciplaanalysis ciplastudy ciplalong pharmastocks Ascending Triangle Ascending Channel
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supportandresistance trendline triangle cipla ciplabuy ciplaanalysis ciplastudy ciplalong pharmastocks ascendingtriangle ascendingchannel
EXPLANATION : This is a 4 hour time frame chart of CIPLA . It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on CIPLA . Demand zone marked in chart we Plan to short below this zone price closing .

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