Bullish stock in a fall?

Yes, markets are falling, but it is the right time to invest. As Warren Buffet said, "Be fearful when others are greedy, be greedy when others are fearful", don't be greedy though I believe in reasoned investment and not following the herd mentality. Enough with the wisdom, let's just get straight to the point. The stock which I'm talking about is CIPLA. It was/is one of the stocks performing even in the falling market. Being in consolidation for a while, it is taking support at 850-890 INR, but the only hurdle is the 200 EMA (orange wavey line). If the stock crosses the mark, it will be a new support, and the stock will have the potential to move up and touch its previous high, which was Rs. 1000. You can invest now and put a stop loss near the 850 mark, which is the previous low. (Analysis done on Daily Time Frame)
This is only for educational purposes, and please invest at your discretion.