Thursday, December 19, 2024

Rationale report - 19.12.2024


Recommended  stocks on – 09.12.2024

(1) CIPLA LTD -

Ø Buy price :  1474 & 1460

Ø Strong Support : 1444

Ø Resistance price : 1494 - 1500 

Reasons for Buy Recommended –

Cipla's earnings growth and revenue trends remain strong, which could support short-term price recovery. this may indicate a buying opportunity.

Positive news in the pharma sector, regulatory approvals, or new drug launches could act as catalysts.

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