2024-06-06 11:41:20 am | Source: Religare Broking Ltd
Stock of the day : Cipla Ltd. For Target Rs.1590 - Religare Broking
Cipla Ltd
* Post the result outcome, defensive sectors are witnessing strong action and pharma is left no behind.
* Among the space, CIPLA has recorded a fresh breakout from the consolidation range to the record high zone with strong surge in volume.
* Considering, the price action and buoyancy in space, we expect bullish tone to continue.
* Traders can consider fresh longs in the mentioned range.
Buy Cipla Ltd CMP 1496.95 Range 1495-1500 SL 1455; Target 1590
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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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