Zydus lifescience - Forming pole and flag pattern
Zydus lifescience - Forming pole and flag pattern
Moving above 200 ema
Currently moving through a parallel channel.
Recently broke resistance zone with heavy volume.
Last 5-6 candles having red with minimum volume confirms retracement after a proper breakout.
Good for Swing/Long
The stock was well within a accumulation stage before breakout.
Moving above 200 ema
Currently moving through a parallel channel.
Recently broke resistance zone with heavy volume.
Last 5-6 candles having red with minimum volume confirms retracement after a proper breakout.
Good for Swing/Long
The stock was well within a accumulation stage before breakout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.