Cipla at a crucial point at 200 DEMA

Cipla weekly chart shows price is at a crucial point just standing on the 200DEMA line.
Stock has been in the range of 873-1006, which currently is at the bottom of the range.
Crucial to hold 200DEMA to move up, if breakdown then may move towards the lower range marked in the chart.

*Only for educational purposes, not a buy/sell recommendation.
Chart PatternsciplaPHARMATrend Analysis

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