CIPLA BUY SL564/ TGT 583 /sell below 564 tgt downside 520

Cipla in a breakout position, just before its earning day, we are currently trading near support of gap up we had in start of April. If it breaks 564 Cipla can touch 520 on downside or if it stays above 564 tgt 583.

One can trail stop loss using 20 day hull moving avg.

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Cipla did achieved TGT 583 15 MAy 2020.