#CADILAHC has received tentative approval from the USFDA to market Carbidopa and Levodopa extended release capsules and stock became rocket and break the level 400 that was strong resistance. Currently stock closed above 400 level.
Showing Bullish result in Technical Parameter:
CCI in overbought zone
RSI crossed above 70
MFI crossed above 80
Stoch in overbought...
Buy above Rs 381 for a rally to Rs 425 and above that to Rs 470. Keep a stop below Rs 360. Have the willingness to hold this trade for several weeks.
On the weekly time frame (left pane) Cadila Healthcare is showing a pause just below the 50 percent retracement. The MACD oscillator is in a buy mode as weekly trend as shown by MACD histogram is above zero and in...
Short Term Stock Option Buy CADILAHC JUL CE 380.00 @14-14.2 SL 8.9 TGT 25 or you can buy FUTURE..good chart pattern cross over and good volume.
CADILA FUT BUY CMP TGT 380 AND SL 363
13 May 2020
INSTRUMENT: CADILAHC
TIME FRAME: DAY
OTHER TIME FRAMES FOR CONFIRMATION:
1 HOUR, 2 HOUR, 3 HOUR, 4 HOUR & DAY.
INDICATORS AND THEIR TRENDS:
PSAR: Bullish
STOCHASTICS: Bullish
SUGGESTED TREND: Bullish
Technical levels
CMP: 324.95
Buy Above: 327.45
SL: 326.72
TARGET 01: 329.21
TARGET 02: 330
My analysis of CADILAHC is expected to be BULLISH in the...
Stock has been trading in a descending triangle range and range is broken on the downside and stock is probably heading towards 315 and 300 levels
The only missing part here is a rising volume, but not of a great worry as stock can still fall without much volume and risk reward ratio is also in favor of the trade.
I already timed the trade using 15 min...
