Cipla @ channel support

Stock trading in an up-sloping channel from past 6 months.

Currently halting at channel support
Formed long bearish candle with huge volume at channel support , signalling bear's exhaustion.
And is followed by a spinning candle with good volume.

There is a Fibonacci cluster near 512-510 levels.

RSI is turning flat.

Stock can bounce -back from these level.

Pay-attention to price action.
Chart PatternsciplaTechnical IndicatorsTrend Analysis

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