niftytrader

Cadilla : Setup

Long
NSE:CADILAHC   None
Cadila

Overall the medium term chart is still bearish
having fallen from 560 to 200 levels
but on short term charts it has made a good sort of rounding base in this 200-240 region and
it now needs to break abv 247 to really catch the upward trend
One can wait for the breakout and then target levels of 296
It is currently in a no trade zone

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