brainmassfinance

R-0234 CIPLA breaking out from ascending triangle on daily chart

Long
NSE:CIPLAF2021   CIPLA FUTURES
CMP 820 (JAN EXPIRY) TGT 870/910 SL 772

#It is near all time high 829.

# short term moving average is above medium to long term average.

#Pharma sector is outperforming in last few months.

#DMI indicator turns bullish on the daily chart.

#RSI and MACD also indicates strength on daily and weekly chart.

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