Monday, September 27, 2010

Cadilla Health Care - Buy at CMP of 645 with a Target 680 in a month? Disclaimer Post Applies



















On the chart there is a strong Volume surge coupled with price rise. Can this stock surge from here to levels of 675 / 680? Also, if you notice the volume breakouts which have occurred in April, July, September, Feb, May, June(end) then every time after this volume break out the prices tend to surge within a month. 

So, I guess with a 1 month holding period we can wager some money with a 680 target from the Current Market Price of 645.

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