CIPLA - 20 YEAR CHANNEL BREAKOUT

15 May 2021

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