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CIPLA : TARGET - Rs 1490 - Rs 1500 UPWARD MOVEMENT

The excellent bullish engulfing and solid wave pattern displayed by last week's Cipla candles reinforce the upward trend. Cipla should expect achieving the shorter-term target of Rs. 1490–1500, where a significant resistance level is present.
Chart PatternsciplaTechnical IndicatorspharmaceuticalstechincalanalysisTrend Analysis

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