CIPLA LTD
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CIPLA Breaking out of Bull Flag

CIPLA is showing Bullish Flag breakout with above average volume. The gap up which looks like a breakaway gap is indicating further strength in the move. We can look for a price target of 1.618 Fib extension of the recent weekly wave at 880.
Bullish FlagChart PatternsFibonacci ExtensiongapupTrend Analysis

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