Cipla in a breakout position, just before its earning day, we are currently trading near support of gap up we had in start of April. If it breaks 564 Cipla can touch 520 on downside or if it stays above 564 tgt 583.
One can trail stop loss using 20 day hull moving avg.
One can trail stop loss using 20 day hull moving avg.
Trade closed: target reached:
Cipla did achieved TGT 583 15 MAy 2020.