IIT-Trader

CIPLA--@Channel Breakout Level.

IIT-Trader Updated   
NSE:CIPLA   CIPLA LTD
Observations::
------>> the stock is Trading in the channel, wait for channel to be broken, Upside or downside.
we have a strong supply zone @960 level,
where previously strong sell of is observed, and slowly moving to upside.
if it it breaks upside we have gap left @1020 level that will acts as Resistance.
if it breaks down we have strong demand @800 level, wait for more confirmation.

If it is a drop base drop form...more fall is going to observe to the below levels.
keep use alerts.
Comment:
Comment:
Continue to move upside in the channel.

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