CADILAHC is moving in a trading range due to indecision of public participants resulting into rectangle formation, here the support is @ 780 and resistance @ 800..During consolidation one may buy at support and sell near resistance. But breakout or breakdown after consolidation will give better result, Patience watch the chart for 820 after breakout or 760 after breakdown.
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Recommended this share on 28 May 2013, CADILAHC after a good consolidation has moved out of the trading range and has achieved the target of 820.If it sustains at higher level i.e. above 805,it is wise to buy it on dips.
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