Cipla Ltd

CIPLA broke out in May 2020

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On a monthly chart CIPLA formed a triangle pattern. It broke out in May 2020. Similarly SUNPHARMA is also near breakout. Is CIPLA showing the future of the Pharma sector. It is a big question. ABBOTINDIA is also bouncing from a long term trend line. Hence the Pharma sector could remain in focus.

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