CLOSED

CIPLA
Stoploss Triggered

800 -2.08%
Close Price
(2021-03-09 07:45:00)
817
Entry Price
(2021-03-03 09:19:58)
838
Target Price
 
800
Stoploss
 
Enter above 815 | Created on 2021-03-02 20:25:31 and valid till 2021-05-11 18:30:00

Trade made by

Abhishek Kumar Singh


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Share Share

Trade rationale

Candlesticks

Double Bottom (Ascending) Pattern: As can be seen from chart, the stock has formed double bottom with higher highs, above average volume, above super trend and will be extremely bullish if crosses the confluence zone of 812-815. Entry Price at Rs 815 (above monthly pivot and weekly resistance R1), Target of Rs 838 (Weekly Resistance R1) and SL of Rs 800 (Supertrend of today)