Tuesday 1 December 2015

Cadila Health Care: 390-380 Might Be A Good Demand Zone

Sustaining above 420, near term target may be 453-485


CMP: 400

Either buy on breakout above 408 or in dips around 390-385-380:

TGT: 420-437-453 (1-3M)

TGT: 485-500 (12-24M)

TSL<375-368

Note: Time & Price action suggests that, consecutive closing below 368 zone for any reason, CHC can fall up to 355-345* & 322-311 and 300-295 area and one can accumulate there around 355-345, which may a major support zone for the same in the near term.

More news & analytical inputs will be cont-----




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