Chartworld1

Zydus Wellness-Cup and Handle

Long
NSE:ZYDUSWELL   ZYDUS WELLNESS LTD
Zydus Wellness forming cup and handle pattern. It had significant supply at 2300 levels earlier so that needs to be broken with volumes if this has to go up. Once crossed can move towards 2800-3000 levels. Resistance is strong so it will not be very easy to move up but RS line is near 0 so can move forward.

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