In Cipla chart we clearly had new high formation breaking previous resistance & we had a slight pullback to a support zone. Till 555's zone Cipla the pullback zone can be extended but we never know what Markets gonna do, So planning your risk:reward is vital here. As per your trade plan, check what is your risk depending upon that take entry. One of those risk:reward entry's is shown on chart how its done but this same entry setup can be very risky for other few, thats why always Go as per your trade setup, take this only as potential trade chances put out to public :)
