TechAnalysis123

long on Cadila

Long
NSE:CADILAHC   None
Cadila After breaking out rounding bottom and making high of 680+, now retested those breakout level.

Stock has immediate support around 555 levels on closing basis and next support is at 509 levels on closing basis.

Stock has bearish cross over of 20DEMA over 50DEMA, so traders can buy above 608 ie current 50DEMA.

Investor can buy now, add more near 520 levels.

target remains of 800+

PS: please consult your financial advisor before investing.
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