Thenali_Views

Cadilahc - Triangle Breakout - Long

Long
NSE:CADILAHC   CADILA HEALTHCARE
Cadilahc has support at 300 in monthly time frame & 415 has acted as support and resistance in monthly time frame.
Also 350 has acted as weekly time frame support and resistance & 560 has acted as resistance.

In daily time 400 acted as support and 450 has acted as support as well as resistance and 520 as acted as resistance.

Now the script has formed ascending triangle pattern.

If the script has break above 465, target will be 520 & 560.
SL - 398

Disclaimer: Kindly do your own analysis before executing the trade.