Stock of the day : CIPLA Ltd For Target Rs. 23 - Religare Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
CIPLA Ltd.
* Pharma sector trading strong around life highs and CIPLA is trading insync.
* It has rebounded higher finding support near its previous resistance zone while holding above its short term moving average.
* Following price action and buoyancy in pharma space suggests prevailing trend to strengthen further.
* We thus recommend creating fresh longs in the mentioned range.
BUY 625 PE State Bank of India CMP 12.25; Range 11-33; SL 08; Target 78
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
