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Cadila Healthcare: Fibonacci Extension

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Aditya_Pal_Singh  
NSE:CADILAHC   None
Trend Analysis Chart Patterns Beyond Technical Analysis cadilahealthcare CADILAHC cadilahclong cadilahctrade Fibonacci Extension fibonaccianalysis Technical Analysis
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trendanalysis chartpattern beyondta cadilahealthcare cadilahc cadilahclong cadilahctrade fibonacciextension fibonaccianalysis technicalanalysis
All levels are marked in the chart only.

Cadila Healthcare can begin a new bull run on technical levels......analysis is also backed by news of Virafin(an antiviral produced by Cadila Healthcare) being given emergency approval for treatment of moderate COVID-19 patients.

Volume has also increased drastically.

Cadila has also given closing above a trendline which was previously acting as resistance for the price to move up.
Penafian

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