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
Whenever cadilahc breakout zone 274 to 276. After breakout, you will get an intraday tarde and positional trade. So go with tight stop loss.
Buy zone 274 to 276
Stop loss 258
current rate 265
Disclaimer: Buy Sell is your choice. No Recommendation.
Currently cadila health care is taking support zone 250 and trying to break trend line. Once real breakout happens it will showing us 25 to 30% growth, where target will be 360 to 390.
Duration 20 days to 150 days.
Disclaimer: Stock Market Is Subject To Market Risk. Buy Sell Is Your Choice.
Buy above 271
Target: 281, 291.
SL: 260 close base.
Risk is yours and Reward is too yours.
If it will be sustained above 290 for 1 week.
I can say Cadila Healthcare will be 350+ candidate ....
Because there may be Golden cross over in Daily chart and this is my imagination ....
Golden Cross Over is Long term bullish sign.
Educational Purpose Only.