CADILA above 267 with a confirmation on hourly looks extremely great for short term as well as intraday. Once this with force goes above 267 and sustain it there is no barrier till 305. We can see all these levels soon. Really in good shape now.
after giving a good upside since last few days, now the price has approached its resiatance zone and is stuck in a range. we can clearly see loss of momentum in the stock. once it closes below 250, we can see a fall till 240--220.
Divergence - short opportunity is seen in Cadila.
T1:235.1 T2:228.40 Time:30 days
Note:This analysis is for study purpose, contribute to this idea by providing your thoughts.
Happy Trading :)
Key Levels for CADILAHC are : t.me - JOIN TELEGRAM CHANNEL
Upper Breakout~256.40
First Target~ 258
Interim Resistance~259.85
Final Resistance~261.70
**Lower Levels**
Lower Breakout~ 254.85
First Target~253.70
Interim Support~251.90
Final Support~ 250.55
Please trade with caution and consult your financial adviser before trading. You can...
Cadila Healthcare Ltd. engages in the discovery, development, and manufacture of pharmaceutical products under Zydus brand. It offers therapeutic proteins, monoclonal antibodies, and antibody-drug conjugates. It operates through the following geographical segments: India, US, and Others. The company was founded by Ramanbhai B. Patel in 1952 and is headquartered in Ahmedabad, India.
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CADILAHC
![CADILAHC: [Range Breakout] CADILAHC](https://s3.tradingview.com/k/kPdeSKQa_mid.png "[Range Breakout] CADILAHC")
