Cadila HelathCare has formed cup and handle
pattern. In addition to this, it has formed Bullish engulfing
pattern on Weekly chart. If It closes above 380-385 levels, we can consider Long in this. The target can be depth of the cup, which will be around 435.
This is as per my analysis.
Currently, I am learning fundamental and technical analysis
of the stocks. Please feel free to comment on the post, if I did any mistake in Analysis.