CIPLA LTD
- Stock moving up from 23.6% fibonacci retracement support zone this will favor bulls, Upper side cipla will find resistance around 639, Once closes and holds above 639 then further price rise can be seen.
- Stock also moving up from 50 days moving average, as long as holds above bulls will be favored.
- Once stock close above 639 then Cipla will find next strong resistance around 680 (161.8% fibonacci retracement).
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