Zig Zag Patterns have been observed in the graph. After every 100 ruppess increase the stock has formed a zig zag or in simple words it has formed into Z shape. The pattern like this could be predicted once the stock reaches 775. Cadila would soon reach 775.
Kommentera:
The Z shape is getting bigger and so the next Z will form a bigger one than this and thus the firm's price will increase. Also the company has reported good profits and soon is coming out with vaccine so yes a good buy