Dip Levels - 440- 420
Targets:
Short term Target1 : 500
Mid term Target2 : 545
Long Term : 590 , 650 , 750
Note: This is for educational purpose only
Buy in Small qty at support
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...
CMP: 556
The stock is in consolidation.
It is regaining some strength.
Waiting for the box breakout.
Expectation: 604, 650
SL can be kept below the box.
Long Opportunity in cadilahc
buy 554
Target 560, 580,
stop 550
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
After posting a fresh 52-weeks low of around 198 during March 13, 2020; CADILAHC has seen spectacular run up and in that optimism stock convincingly crossed its previous 52-weeks high of around 536 (July 14, 2017) and registered a fresh all-time high of around 670 during mid May,21. stock has seen decent profit booking from its all-time high and corrected in past...
![CADILAHC: Simple Trade Setup | CADILAHC | 15-11-2021 [ INTRADAY]](https://s3.tradingview.com/z/ZiRfz2Yp_mid.png "Simple Trade Setup | CADILAHC | 15-11-2021 [ INTRADAY]")
