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Published on 15/05/2019 9:34:34 AM | Source: Religare Securities Ltd

Buy Cipla Ltd For The Target Rs.570 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #Cipla Ltd #Pharma Sector #Trading Report #Religare Securities Ltd

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Derivative Ideas

CIPLA

added around 6.2% in open interest as long buildup was seen in it in previous session. Current chart pattern also indicates further upmove in its price. We suggest buying CIPLA MAY FUTURES as per below levels.

Strategy:- Buy CIPLA MAY @554-555, Stoploss at 547, Target at 570.

 

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