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Bounce from oversold levels

Long
NSE:CADILAHC   CADILA HEALTHCARE
Positional Buy :
Company : CADILAHC-EQ
Entry Price : 499.75
Stoploss : 449.775
Target 1 : 549.725
Target 2 : 574.7125

CADILAHC above 510 should see a strong rally, as it breaches above 61% retracement levels of fibonacci