Sell Cipla with a target of Rs 530 – Edelweiss Financial Services

Edelweiss Financial Services has a sell call on Cipla Ltd. with a target price of Rs 530. The current market price of Cipla Ltd. is Rs 573.25. Time period given by the brokerage is Intra Day when Cipla Ltd. price can reach defined target. Edelweiss Financial Services recommended to keep stop loss at Rs 598.