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Buy Cipla for target of Rs 280-285: Arihant

Posted on: July 14th 2009 in Brokerage Recommendations.

MUMBAI: Arihant Capital Market has advised traders to buy Cipla for target of Rs 280-285. “The 14 days Moving Average of Cipla is at Rs 256. On the daily charts, the stock is in buy on RSI and its 14-days RSI is currently at 70 (above 50 is consider to be in strong hands). The stock …

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