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 attivo:
Tested 406 today and closed at 412.85. The critical level is 423. If breaks 423 then can give good upside.
Trade chiuso: obiettivo raggiunto:
Made a high of 438.70.