CadilaHC, 200 DMA

Pharma stocks are on a roll. CadilaHC has risen sharply from Double Bottom to meet 200 DMA. This is decisive. 420 is the resistance where Call sellers are sitting with highest position. So price came down sharply from the height of 424. Bulls are holding onto 420 Puts. Therefore we can expect some consolidation at this level. There may not be much profit booking. Even little correction towards 412-15 will be lapped up by buyers.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out