Zyduslife on daily time frame has made pattern based on popular shampoo brand "Head & shoulders". Or it can be called as cup n handle also. If we calculate depth of the pattern then upmove of 12%, above 670 looks achievable. I have gone long at the retest of breakout level at 675. Once 730 is achieved I will book 2/3rd qty and for the remaining qty will pust cost...
go long if it crosses : 603.35 entry price: 603.40 stop loss: 589.15 target: 639.40 This idea is for Educational purposes , i am not SEBI registered.
Price has reacted to a Monthly Supply and has given a Sell confirmation in Weekly and Daily, Price has formed a Fresh 6 MOS Demand @ 454.05 inorder to reach the Demand Price has to take a fall, also the Reward to Risk ratio is favourable.
Observations:: the stock is trending upwards in daily time frame. now the price is facing resistance @ 530 range. if price break this resistance we have next resistance @ 565-575 range. now the stock is looking weak in buyside, we have a trendline resistance well, if price breaks the trendline, we have a chance to buy till the resistance, keep track this...
Wave 1 is complete, Here the Wave 1 is a Leading Diagonal which tells us the Wave 3 will be way stronger than what we come accross generally; Wave 2 has retraced Wave 1 by 61.80% which is a Golden Ratio and Fibonacci goes perfectly with the Waves logic, Now Wave 3 is forming According to the Fibo Ext tool we have the 1.618 Golden Level giving us the...
Price has reacted to a Monthly Source Supply in the left side, Destination Demand is @ 454.50 We have a Confirmation in Daily hoping it is not a "False Breakout", the Reward to Rito ratio of 7:1, justifies the only little risk, or you can also wait for a confirmation in Weekly chart and enjoy Reward to Risk ratio 2:1 ENJOY THE RIDE ! ! !
After being in an UPtrend for a while now, Its correction time Price will retrace back to the Fresh Monthoy Demand and will again presume Buying for long term, Investment Traders can book their Profits and add again when Price reaches the Monthly Demand. ENJOY THE RIDE !!! The Brackets come naturally bein a coder!!!
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . ZYDUSLIFE is in uptrend on daily level and in 15 min it has made Ascending triangle pattern. now on breakout it could move upside. Thank You !
I FEEL This accumalation phase is complet at present this share volume give strength to me, i am bullish on this share ( Desclimer:- This post is only for educational purpose before investing kindly discuss your finicial advisor )
Buy at 360 Sell at 415 480 500 Three targets given Book profits accordingly. Stock will run due to buyback announced RSI showing strength
*ZYDUS LIFESCIENCES* Time Frame : Daily Observation: * Parallel Channel Pattern Breakout on Daily time frame * 380 Swing High Break * Mean (EMA) Diversion on Hourly time frame. Resistance/Target: 401 420 452 486 Support: 350 329; Dynamic Support for EMA 200 on Hourly Time Frame.