TechAnalysis123

Cadila Healthcare ltd-Bullish

Long
NSE:CADILAHC   None
Stock after breakout of round bottom on monthly chart , has retested that break-out level now.

Stock has bearish crossover on daily charts , 20DEMA moved below 50DEMA. so traders can buy on close above 50DEMA ie 608.

Investors can buy now and add more near 530 levels.

Stock has immediate support near 555 and next support is near 509 , both on closing basis.

positional target is 800+

PS: Please consult financial advisor before investing.
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