Zydus Wellness Ltd - Multi Resistance Zone

Mar 25, 2023

An integrated consumer company engaged in the manufacturing and distribution of health care and wellness products . Manufactures of famous brands like Complan, Nycil, Sugar Free , Glucon D etc having more than 50% market share in its speciality products.More tha 60 % promoter holding with very low debt and zero promoter pledge. Increasing profit margin over last few years shows a psitive movement in long term. Stock is now tempting to break a multi resistance zone. If it breaks the zone then expecting a 10%-15% movement in short term .