Caplin Point Laboratories – 18.02.2018.

Daily Sentiment: Bearish.

Weekly Sentiment: Bullish.

Trend Strength: Moderate

First Target: 600 (Pivot point)

CAPLIPOINT need to clear Resistance then next stop will be around previous highs.

Close above 784 and rise will continue.

But while stock holds inside this channel risk remains on downside.

Close below 600 and we should see further weakness towards channel support.

Close below channel support would confirm further fall.

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