As base on demand Zone Cipla have very good demand đź‘Ť MCB 834 848 We should go long from here to see Upside 5/10/20% as Pharma index also moving up from support 11500.
It's pure demand Zone view- structure Valid till demand Zone safe on monthly closings basis.
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Option players can go with 850PE 900CE with hedge sell 950CE
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Risk 16 points gain 20 27 points possible
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option call 900ce very good returns as make high 927++
Trade closed: target reached
NIFTY pharma from 11500 to make high 12648++
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Cipla running as per plan
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Cipla big move upside till now high 1062 ROI 16%
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Cipla Big Momentums make high 1215+++ 35% up from given chart Level.
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