it is a bullish sign you can see the resistance buy this if it crosses it and it is about to cross so keep your watch on this
We can expect CADILAHC short with target 340/- coming days.As its failed to give breakout at level 380 above and failing continuously with low volume. Head and should pattern is on the way formation.
Stock looks week below 365.. If it breaks the support line. Sell below 365 target1- 360 target2-353 Use Tight SL Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
Keep Pharma stock on watch list.. coming out of consolidation after 5 years.
Cadila is forming a bullish flag pattern in Daily chart.It can be bought for a positional trade when there is a breakout of the upper channel line. My target will be the R1 line as per the monthly CPR range. NSE:CADILAHC
Intermediate Resistance Update @ 353. Pharma Sector as a whole is strongest currently. 08 Apr 2020 Volumes where huge with long Wick means Supply
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
INTRA-DAY TRADE IN CADILLA MAY FUT BUY@338.5 STOP@333 TARGET@345 QTY=4400 RATES ARE AS PER SPOT PLEASE ADJUST FOR FUTURES
Cadila healtcare is moving at their strong support level .good buy at 315 -320 with 304 stoploss and 400 target .
Play accordingly...pharma sectors...Lots of oi build up in bullish side...pull back trade also happen... Best buy recent high close candle only... Do your own analysis....
Levels market on chart. Good triangle setup.
NSE:CADILAHC SWING : LONG Close above = 337 Target = 349/353