Cadila Healthcare Inverted Head and Shoulder
Updated
Cadila Healthcare formed an Inverted Head and Shoulder Pattern in the daily chart signalling a trend reversal. Gave an upside breakout with above average volume, now it might test 406-410 levels again. Looks good for upside.
Trade active
Tested 406 today and closed at 412.85. The critical level is 423. If breaks 423 then can give good upside.Trade closed: target reached
Made a high of 438.70.
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