Cipla has broken a multiyear resistance. cmp 782 sl 700 target 990.
granules india is forming higher highs and higher lows on higher timeframes and it has recently broke long term resistance; As per fibonacci trend analysis at can touch target of 256. cmp 214 stoploss 181 target 256.
it is in an uptrend and as per Fibonacci it can reach till 2525 CMP is 2027.
CMP 4305 TARGET 4701 SL 4200. RISK PER SHARE 105 REWARD PER SHARE 400
if a stock fails to break it swing high in an uptrend or swing low in the downtrend then there are higher probabilities that it will reverse.