Cadila - Box Bottom Support
One of the last vaccine plays that we have which is yet to announce to the market.
This week could potentially have been a shakeout of weak hands.
Today the stock took support at the bottom of the box and bounced back nicely.
Look for a fresh trade on Monday close to the box bottom close to 605/610 with a SL around 585.
I believe once the vaccine news comes this stock could potentially shoot up to 700/770.
This week could potentially have been a shakeout of weak hands.
Today the stock took support at the bottom of the box and bounced back nicely.
Look for a fresh trade on Monday close to the box bottom close to 605/610 with a SL around 585.
I believe once the vaccine news comes this stock could potentially shoot up to 700/770.
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