Can go long if closing above 923 - Length of old channel is around 475 rs. Next long term target may be in 6-9 mnths should be around 1300-1400. It has sustained above the channel for 2 months; and analysis is backed by blockbuster results posted this quarter. SL - Weekly closing below 730
20 year Channel breakout with high volumes for Cipla.. Next long term target should be 1300-1400. considering it is a manufacturer of covid drug Remdesivir, it should not take long to reach the taret. :) NO SL required!!
SBIN - A Perfect rounding bottom, break out and retest Safe investors go Long above 365, risky investors can enter at CMP SL - 320 on closing basis Target 1 - 390 Target 2 - 420 Target 3 - 500
- RSI has lower top divergence on 4H chart - Previous quarter Sales YoY (-43%) - Previous quarter PAT YoY (-97%) QoQ numbers are positive.. Watchout for recent uptrend support line breakout.. Sharing my 1st analysis.. Comments are most welcome.. here to learn, share & earn more..