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