Cipla at a very crucial level.

Go with pharma index.
If NIFTY is green & pharma is green: If sustains above 953 go long. Target 1 is intraday. Target 2 is for a swing.
If NIFTY is red: if it breaks below & sustains for 15 min. go short.
There's a high change for it going up.

Others points to consider:

• 
  

On daily timeframe price @ 50 EMA

on hourly timeframe price @ 200 EMA

Trade stängt: Stopp nått:

Beautiful fall. Couldn't benefit from it though. :-(