Buy Cipla Ltd For Target Rs. 920 - Religare Broking
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Derivative Ideas
CIPLA shed 2.09% and closed at 895.8 on 24th Feb. The stock has formed indecisive candle right at its support at 875-890 zone. CIPLA managed to hold well amid tumbling markets. Holding 870, the counter is likely to test its resistance at 930 levels. We recommend to go Long in CIPLA.
Strategy:- BUY CIPLA @ 884-890, SLOSS AT 870, TRGT 920.
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