Last week CIPLA confirmed its intentions to extend its targets to much higher levels by breaking out to all time high.
The stock is in extremely bullish wave 3 combo setup, hence the expectation. I am looking forward to a serpentine rally of near equal segments leading to minimum target of near 825, though it is most likely that it will go much farther.
Here is the monthly time frame chart with larger degree wave count.
The stock is in extremely bullish wave 3 combo setup, hence the expectation. I am looking forward to a serpentine rally of near equal segments leading to minimum target of near 825, though it is most likely that it will go much farther.
Here is the monthly time frame chart with larger degree wave count.
sir, 825 a medium(3/4 month) or long term target(9/12 months) target for this stock?
ReplyDeleteMedium term.
ReplyDelete