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cipla ltd

Discussion in 'Technical Analysis' started by srspriya06, Apr 15, 2013.

  1. srspriya06

    srspriya06 Active Member

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    cipla forms higher top higher bottom. One can buy @ CMP? Share ur views:eek:perator:
     
    srspriya06, Apr 15, 2013
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  2. naveen1241

    naveen1241 Responder

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    I think it can be bought for a short term play with SL 394 for modest gains. But 412 -422 seems to pose resistance. This is from a novice point of view :) .
     
    naveen1241, Apr 15, 2013
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  3. shabbir

    shabbir Administrator Staff Member

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    Yes looks good but then I don't see a higher top higher bottom but a breakout. Let me know how you are seeing as higher top higher bottom thing
     
    shabbir, Apr 15, 2013
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  4. srspriya06

    srspriya06 Active Member

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    Cipla

    CIPLA_Daily_15-04-2013.png

    Sorry Shabbir if it is wrong:)
     
    Last edited: Apr 15, 2013
    srspriya06, Apr 15, 2013
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  5. shabbir

    shabbir Administrator Staff Member

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    No it is not that way because the one that you are referring is more of a breakout.

    Time to go through the ebook once again.
     
    shabbir, Apr 15, 2013
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  6. srspriya06

    srspriya06 Active Member

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    Thank You Shabbir for pointing out my mistake. I ll refer ur book once again .
     
    srspriya06, Apr 15, 2013
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  7. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Apr 15, 2013
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