MTECHTIPS:- CIPLA

MTECHTIPS:-   CIPLA:-    CIPLA is in SELL position Share has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below509.6 Buy if above 536.0 The CIPLA is now trading in highly oversold level. The oscillator is showing BUY signal .The short term sell signal is supported by 50 % indicators.  Intraday trend-Buy is advised above 526.3 with a stop at 513.3 Below 509.6 go for sell The intraday signal is SELL and it is supported by 73 % indicators. 

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