jayaprakash99

CADILAHC Cup and Handle Formation

Long
NSE:CADILAHC   None
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.

Happy Trading.

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.
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