Potential Opportunity in CIPLA Ltd

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Greetings! As you are aware we have been discussing about the Pharma Sector lately. We will discuss the technical outlook of the stock CIPLA in detail. #

Enclosed is the Daily Chart of the company Cipla Ltd. The prices can be seen breaking out of the range on a closing basis. For the past few days the stock was trading in the range of 875-975 levels. Today the stock has closed above the range at 991. So we can expect the prices to touch 1070-1080 levels as per the range breakout theory. RSI is showing a positive direction which confirms the positivity in the stock prices.

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    SNEHAL PATIL

    Yes I am totally agree with your report…

    Reply 1 34m