Cipla Ltd
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CIPLA (Weekly Timeframe) - Can it breakout ??

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Cipla has been in an accumulation stage for a while. Few attempts to breakout of the 1600 zone has not been successful. With EMAs in positive cross-over state, the stock looks to breakout of this key resistance zone. The volume is also OK in the past few weeks.

To be monitored on how it goes in the coming weeks.

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