CADILA - BIG CONSOLIDATION BREAKOUT
Updated
It is been observed on the the Daily and Weekly chart that the price action is consolidating for past 10 weeks continuously within a rectangular or sideway channel. Now, it has finally broken above the the channel and shall further move up to new highs if it closes above 465 levels.
Target 1: 480
Target 2: 490
Stoploss: 455
Target 1: 480
Target 2: 490
Stoploss: 455
Trade active
Breakout activated. Looking forward for a good rally.Note
It did close above 465 levels, now it confirms a breakout above resistance levels. It shall rally up in coming days. RegardsTrade active
Trade active
Keep holding, a big move is on the way. RegardsTrade closed: target reached
Target 1 and Target 2 reached successfully. Regards
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