Black Friday saleUp to 70% OFF

Cadila

Simple Trade Setup | CADILAHC | 15-11-2021 [ INTRADAY]NSE:CADILAHC I am posting this on request from one of the follower. Observations: 1) On Daily time frame, It is near to the range of 400DMA. 400DMA is major major support for this. 400DMA is placed at 470.26 level. Range of 470-475 will work as critical support. One can use this dip to take positional buy trade with SL of 450 and target of all above levels. Immediate resistance is 500. sustianable breakout of 500 will give good up move. Major breakout level is 525. Also it is trading in the support channel. This is same like the case of HDFC. If it gives breakout of this channel upward then we will see upmove. Please refer below chart : 1 day Time Frame. 2) On 1hr time frame, previous double bottom pattern failed and not again it is forming double bottom pattern. If this pattern gets activated then we can see a good up move. Please refer below chart : 1 hr Time Frame. ------------------------------------- Trade Setup for Date: 15-11-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
C
by Trading_hawk
9
Cadila Healthcare FuturesCadila Healthcare Futures LTP: 555.50 Support: 532.65 Resistance: 557.55 The resistance here is the breakout level as well. The stock is trading very close to it. Once the candles cross and trade strongly above 558, Cadila Healthcare might show a big breakout. Daily chart (long term) DEMA here is perfectly aligned. Volume has a strong green bar. MACD is very strong. RSI is in the over bought range but in an uptrend. Hourly chart (medium term) DEMA is perfectly aligned. Volume is positive. MACD is bullish. RSI is in the overbought range and this could be indicating new bull run. 15m chart (short term) DEMA is aligned well but the 5 DEMA is showing weakness. Volume is neutral and uncertain. MACD is neutral. RSI is correcting itself but is in the bull zone, above 50 mark. Can buy on dips as a positional trade with targets of 574 & 580.
CLong
by virralthakkaar
Cadila Health Care (CADILAHC)Cadila Health Care : Currently, it is mildly bullish and so I see it is in buy Zone. It may reach the mentioned targets in one to three months time. **Disclaimer : I am not a SEBI registered consultant/Advisor. It is completely my view and opinion, only. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling. Please do your research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling the above mentioned stock.
CLong
by pmosesoliver