CIPLA CHART IN 1D TF.
Note:
Orange Line-> Trend Line
Black Line -> RSI Divergence
Blue Line -> Channel
ANALYSIS:
RSI DIVERGENCE (BULLISH) Formed.
Case-1:
As per Technical Indicator if it breaks Trend Line Can go for Long above 432.55 and can see an upward Movement
Case-2:
If it breaks Support go or short below 419.2 and we can see downfall Movement.
Note:
Orange Line-> Trend Line
Black Line -> RSI Divergence
Blue Line -> Channel
ANALYSIS:
RSI DIVERGENCE (BULLISH) Formed.
Case-1:
As per Technical Indicator if it breaks Trend Line Can go for Long above 432.55 and can see an upward Movement
Case-2:
If it breaks Support go or short below 419.2 and we can see downfall Movement.