Golden Gem for OCT - Cipla LTD

Hello Pirates

The stock which is at our radar is CIPLA Ltd.

There are into Pharmaceuticals sector, they are into this field since a very long time.

We are bullish at this stock & this stock has gone under correction, this stock is a buy at dips.

If we look at the charts : -

This is a stock which is being accumulated at lower levels & can make new highs in the coming sessions.

One can start buying this stock in small quantity in installments in between 255 - 262 levels these are the best levels to enter & a close above 268 can make the stock touch 272 - levels.

Buy in between 255 - 266 levels targets 272 - 276 - 282 & a close above 295 levels for two days a clear cut brake out to new highs & keep a stop loss at 250

So for short term targets 272 - 282 are the levels to book profits.

Company is a good dividend paying company & this dip can be taken as a chance to buy & sell at the next rally.

Market Cap	20,769.23	|	* EPS (TTM)	11.19	|	* P/E	23.88	|	* P/C	20.33
* Book Value	55.86	|	* Price/Book	4.78	|	Div(%)	100.00	|	Div Yield(%)	0.75
Market Lot	1.00	|	Face Value	2.00	|	Industry P/E	19.96
* As per latest stand alone adjusted profit after extra-ordinary items.

Trading in the stock market involves risk, thus trade with appropriate stop loss & book profits at appropriate levels, the above information are my personal views & one can trade in the stock at there own risk,.

We wish All the Pirates, Happy Hunting & All the Best.

Regards

Captain