DAILY CHART - BREAKOUT

Hi, is 378.20 a major support, the scrip is very near to this point, will it breakdown from here?

@rayd007, The 378.20 (green line) is daily support line which is strong. The pink line is monthly supp/res line which is better

@yusufkhan7861, Thanks for clarifying, you see Cadilla breaking the green line?

@rayd007, It could break below as price is struggling above the break ,but its risky to short due to it going back into consolidation. If it breaks 349 it would be a better signal to short.