Rajesh_S

CADILA HEALTHCARE - Long

Long
NSE:CADILAHC   CADILA HEALTHCARE
Reasons for long:

1) In a rising upward channel.
2) Approaching a major Resistance area .
3) If buying continues, then can reach the resistance area .

Entry - If previous high is broken with volumes in previous 15 minute time frame

Note: Risk averting traders need not enter as it can fall quick.

Trade closed: target reached: Target achieved in pre market and opening.

Comments

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