Cadilla - on rebound

Dec 20, 2017

NSE:CADILAHC has consolidated from its highs and made dogi at bottom. As expected it started its recovery from there. Gave confirmation and broke the falling trend-line. RSI and MACD are favorable making it a good candidate for buy

Buy it at current price
CMP 422
Tgt 450 / 475
SL 410 on closing basis and 403 strict

It can be a slow candidate though and can show some drama in between, but I expect to reach target latest by jan end

Dec 28, 2017

Trade active

Jan 5, 2018

Note

CMP 440. Going strong. Trail SL to 428 and hold or book here as per your comfort
If you book here and you traded in 1 lot -> (440 - 422) x 1600 = 28,800

Personally continuing the hold

Jan 28, 2018

Trade closed manually

Stock went ober TGT of 450 multiple times between 08Jan and 19 Jan. Hope all exited

Profit -> 450 - 422 = 28
If you traded in 1 lot -> (450 - 422) x 1600 = 44,800