One of Stock which will have least impact
due to demonitization , Pharma
products allowed to sell with old currency notes , USFDA approval , Good Quater results, 356 medicine bans lifted by court in which Cipla has majority of medicines.
Currently Trading at 78% retracement level in hourly charts giving reversals/ Already crossed 23% retracement on 8th Dec selling just due to oversold levels.
All seems positive worth taking chance.