Celestial Biolabs gave a break out on daily chart. One cab buy for Target of 30 and 35 Respectively for short term. A strict a stop loss of 24 on closing basis should be considered.
There is good volume build up from last few days which auger well for the stock.
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| Celestial Bio Labs Daily Chart Breakout 5th July |
Celestial Biolabs has also broken with good volumes on weekly chart which gives a medium term target of 45.
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| Celestial Bio Labs Weekly Chart Breakout 5th July
Disclaimer : This analysis is for educational purpose only, I am not a SEBI registered analyst. So before take any investment decision do your own analysis and take your own decision. I'll not be responsible for any loss arising out of any information, post or opinion appearing in this blog. Investors/traders are advised to consult financial consultant before acting on any such information or post.
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