CADILA Healthcare: Long

Description

⋅ Jul 12, 2017 5:58 PM

An opportunity rarely comes when the fundamentals and technicals point to the same direction- up or down - in this case a strong upside

Cadila has formed a flag over the last few days as the big green candle seemed unbreachable.
This night, Jul 12, 2017, Sharvil Patel takes over as managing director of Cadila Healthcare.
A press release of Cadila getting USFDA nod to market anti-dementia tablets
Bollinger bands have tightened a lot and indicate upcoming volatility.

All these FA and TA factored in, this is a high probability, low risk call.

Disclaimer:
I am not responsible for your losses on the suggested trades posted by me.

Trade active

⋅ Jul 17, 2017 10:49 AM

Target 1 acheived,
I hope the followers have booked partial profits