Zydus Lifesicenses - Cup & Handle formation!!!

Updated
Zydus is making a cup and handle formation. It has a small cup and handle within it. We can expect a first small target of 783, and thereafter a target of 1010+. Let the breakout happen and then we can see the price movement (pls refer o my earlier stocks to see what to see in breakout). Other factors:

1. RSI above 60
2. High buying volume (see recent candle)
3. MACD positive

"Clean Charts, Easy Charts"

Learning and Earning!!

Cheers!!
Trade active
761+..moving towards our targets
Trade active
First target of 785 done..moving to other higher target..Cheers!!!
Trade active
895..wow!!! moving towards our target..Cheers!!!!..
Note
1127...Hit our target..Cheers!!!
Chart PatternsCup And Handle

Also on:

Disclaimer