Pratik_Barchha

CADILAHC - free fall of 18% or more.

Short
NSE:CADILAHC   CADILA HEALTHCARE
As we can see the channel pattern has broken down with a huge red candle.
Which shows a weakness in the script.
The price may go up for a Re-test(620-630 zone) and then the price may fall as expected.
Entry Price =625-630
SL= 639.80
REWARD=490 (at least 18%)

PS: This is just for educational purposes.
If any doubt, feel free to reach.
Trade active: 11.5 % downside covered , more to go.
Lets wait and watch

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