Safe bet Cadila
Ultimate risk reward trade ( LIC sitting with huge quantities at 200 EMA)
Momentum traders only entry after closing above 570-572 range.
Medium to long term traders may look for keep adding on every dip (545-565 range)
Targets will mostly be 610-625 for short term traders.
For long term holders sky is the limit. 💸
Recent bulk transactions:-
1st September
1) 01 Sep, 2021ACQUISITION - MARKET
Life Insurance Corporation of India Acquisition
Other
Qty - 664104
% Traded- 0.06
Post Tnx Hold- 5.03%
2nd September
2) Life Insurance Corporation of India Acquisition
Other
Qty- 20497929
% Traded- 2.00
Post Tnx Hold - 5.09%
Recent updates:
Zydus Cadila's covid-19 vaccine to be introduced very shortly. Price confirmation will be decided by this week.
Momentum traders only entry after closing above 570-572 range.
Medium to long term traders may look for keep adding on every dip (545-565 range)
Targets will mostly be 610-625 for short term traders.
For long term holders sky is the limit. 💸
Recent bulk transactions:-
1st September
1) 01 Sep, 2021ACQUISITION - MARKET
Life Insurance Corporation of India Acquisition
Other
Qty - 664104
% Traded- 0.06
Post Tnx Hold- 5.03%
2nd September
2) Life Insurance Corporation of India Acquisition
Other
Qty- 20497929
% Traded- 2.00
Post Tnx Hold - 5.09%
Recent updates:
Zydus Cadila's covid-19 vaccine to be introduced very shortly. Price confirmation will be decided by this week.
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