Nirbhay_M

Zydus wellness - Riding the healthy wave

Long
NSE:ZYDUSWELL   ZYDUS WELLNESS LTD
76 views
4
Stock has been in a range over the past 1 year and has formed an ascending triangle pattern. Good probability of stock breaking the range and moving towards 1100 levels. (Chart is weekly)
Long term investors can consider this as a part of their core holding
Trade active: Trying hard to break the channel. Hopefully results should materialize soon..
Trade active: Channel broken. Start of a new rally? surely a better probability now
Trade active: Initial break up through. Closely watching next resistance at 1100
Trade active: Initial target of 1100 reached yesterday. Hold for higher levels.