newheights123

CIPLA Wave Analysis

Long
NSE:CIPLA   CIPLA LTD
Cipla - took support at 746 that I have drawn the lower end of the channel to now. The top end has parallel line, one that coincides with 3 previous tops. This gives us two potential outcomes for wave 5 up, either a move to the first line at 875 or the second line at 945. Time will tell which and by when.
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