CIPLA LTD
- Stock will find strong trend line resistance around 672 as shown in chart no2, this indicates further price rise can be seen once stock closes and holds above 672.
- Stock also moving up from 50 DMA this will favor bulls for further price rise.
- As per monthly chart stock is moving up from 23.6% fibonacci retracement this indicates bulls are still active in cipla. Close Watch.
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