1. AARTI DRUGS
The stock has given trend line resistance level breakout on closing basis and also macd has given upward crossover, RSI is also at its resistance level and placed at 58.16.
Breakout will be considered above 549 level and target of 557-565 may achieved with a stop loss of 542
2. CIPLA
CIPLA has posted better than estimated quarterly result today as profit rises by 18% to 435 cr but Pharma index falls more than 4% on Tuesday because of Lupin.
Technically CIPLA now at its support level and also better than expected quarterly result will help the stock to trade positive on Wednesday .
We recommend to buy cipla above 610 and a target of 620-628 may achieved with a stop loss of 599s
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