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...
Investing in Zydus Life, a prominent pharmaceutical entity, comes with strategic planning. With a stop-loss set at 995 and a target at 1050, investors can tactfully navigate the market's fluctuations.
NSE:ZYDUSLIFE
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Stock name - Zydus Lifesciences Limited.
✅#ZYDUS trading above Resistance of 919.
✅Next Resistance is at 1145.
✅Moved 35% in 9 weeks.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - C
Disclaimer:...
Stock name = Zudus LifesciencesLimited.
✅#ZYDUSLIFE trading above Resistance of 786
✅Next Resistance is at 919
✅Moved 17% in 7 Weeks
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for...
received six observations from the US Food and Drug Administration following the regulator's inspection of the company’s active pharmaceutical ingredients facility in Changodar, India, from Dec. 14 to Dec. 22.
The company plans to address the observations within the stipulated tim
Best cup and handle setup in 15 mins at support. It's already broken a weekly trendline and going up. Now if that 15 mins trendline breaks, we can see some potential up move. It's only my view not a recommendation.
Stock name = Zydus Lifesciences Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not...
ZYDUS LIFESCIENCES gave weekly resistance zone breakout with gud volume and a strong bullish candle closed abv 52 weeks high today can play this stock for swing trade with your best RR.
When a stock gives you a clean breakout, you take it!!
INR 650 level had been providing a strong resistance to this particular stock for more than 4 months now. The stock, in an attempt to go past this resistance made few dips and rallies which led to formation of an inverted head &shoulders pattern on the chart.
INR 650 was the neckline of the pattern and the...
Zydus Life Cup and Handle Pattern on Weekly and Monthly Chart, with rising EMA and positive RSI and MACD, expect good returns from it long investments.
After conducting an analysis of Zyduslife Stock, I've observed a promising cup and handle formation, indicating a potential breakout. Considering the current situation, a purchase at 633 seems opportune with a recommendation to hold.
ZYDUS LIFESCIENCES LTD
Key highlights: 💡⚡
📊On 4 hour Time Frame Stock Showing Reversal of Double Bottom Pattern.
📊 It can give movement upto the Reversal target of Above 622+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 657+.
📊 Can Go long in this stock by placing...
