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Cipla for 20 OCt 2020

Stocks for 20 Oct 2020 and its trendlines

Yesterday the trendlines were good to trade in all the stocks. There are three stocks which I selected for today. CIPLA, TATAMOTORS and TATAELXSI. Below are the charts with support and resistances. CIPLA was in the list yesterday also and it gave a good move and touched the support trend line. It stayed there and didn’t break. Today it can be a buying opportunity if it sustains above the trendline. Below that it is a sell. The target for bullishness is upper trendlines and for bearishness, we should hold until there is some reversal pattern. Targets upside could be 780/785. […]