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15 Sep 202006:25 AM

Cipla is crossing the falling trendline for wave IV of 3 and should then be starting wave V of 3 up. It may close above the 20dma at 738, an additional sign of strength and push the daily momentum into buy mode at the end of the day. WAve V up can subdivide or achieve the fractal end point near 1000 in a single wave, where 3=1, either case is open.

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