Bullish using Dow theory  :  An HB-HT sequence is witnessed in CIPLA on 7th April 2017 with high volume. A Long position can be made at 540.4 (It has crossed the resistance level) 522.4with a stoploss of 1188.1 (recent support level) and target of 615.6

 

Company Name: CIPLA

Direction: Bullish Above

Entry Price: 540.4

Stop Loss: 522.4

Target Price: 615

Duration: 1 Month

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