CIPLA LONGTERM SELL SETUP FOR VALUE INVESTORS

The Above Chart is Of Cipla Ltd 

As We got Some DisCeration Analysis :

• As we see on the Weekly Chart , Price already Reversed in 2015 by making the Double Top pattern and Touched the Fib extension 1.61 and then Revesed .
• Now present time Price Took Support From its main Longterm TL and now price is Moving forward up to Neckline or RRL + FIB 0.618 . I hope we will definitely see Bearish Price Action in weekly Chart in Few months .
• Any Bearish PA Leads to Massive Decline in price up to FIb Extension 1.27 that is Leg D.

We have Already in the Long Position But Will Reverse our position Soon .