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Vineet Chawla

13th Sep · SEBI-Registered Analyst

close within 52-week high zone

CIPLA
Cipla Ltd's current price of ₹1,574.60 is close to its 52-week high of ₹1,702.05, indicating a strong bullish trend. Here are some key points to consider: - Proximity to 52-Week High: The stock's current price is about 7.5% away from its 52-week high, suggesting a potential breakout. - Recent Performance: Cipla's share price has increased by 69.5% over the last 5 years, with a CAGR of 11.1% . - Technical Outlook: The stock's current price is above the weekly pivot of ₹1,571.67, indicating potential support and a positive outlook for tomorrow. Disclaimer: Investing and Trading in Stock Market is risky activity. Always trade with a stop loss. Do not Trade's invest by taking loan and trade only with the money that you can afford to risk. Do not put your entire capital in one single Trade.

#TechnicalViews#WatchOutFor
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