Long above: 346 Stoploss: 342 Target 350-355-360 Thanks
Cadila towards 340 Stop at close below red line
Cadila has seen breakout from 1 month consolidation pattern, and if sustains above 327 - 330, then it is probably heading towards 345 and 350.
There is a C&H and a Flag Pennant breakout. Breaking out of the pattern. Volume need to support.. Disclaimer: Not a recommendation to buy or sell.
Stock has been trading in a descending triangle range and range is broken on the downside and stock is probably heading towards 315 and 300 levels The only missing part here is a rising volume, but not of a great worry as stock can still fall without much volume and risk reward ratio is also in favor of the trade. I already timed the trade using 15 min...
*As we reached 100% retracement in trendline channel,we can expect shortterm sell @353. *our takeprofit -310 and stoploss - 385
if breaks this support can come down as shown educational purpose.
CADILA HEALTHCARE SUPPORT AND RESISTANCE UPDATED! I SEE A TARGET OF ATLEAST 405/-