ZYDUS BREAKOUT
Updated
Zydus life looks very strong on weekly chart, gives breakout on horizontal resistance trendline and closed above strongly and gives breakout on Bollinger bands too relative strength indicator gives signs of coming bullishness in this stock. Fundamental strong counter.
CAUSE OF LONG-:
1- Horizontal resistance trendline breakout.
2- Bollinger bands breakout.
3- Relative strength indicator breakout.
4- Combination of breakouts
CAUSE OF LONG-:
1- Horizontal resistance trendline breakout.
2- Bollinger bands breakout.
3- Relative strength indicator breakout.
4- Combination of breakouts
Trade closed: target reached
TRADING TARGET DONE TODAYNote
SWING TARGET ACHIVEDNote
HEADING TOWARDS POSITIONAL TARGET CMP 457 GAINED 18% SO FARNote
NEAR POSITIONAL TARGET OF 480 CMP 470 GAINED 21% SO FAR SINCE PUBLISHED
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