T- 380 410 475
ZYDUSLIFE has been in a correction phase since a long time. The stock looks good in buying with RR. Entry has been taken based on a swing breakout on hurly TF.
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As per the 2 Hour Chart of CADILAHC, we have witnessed the Formation of a “Bullish Engulfing” on the downside.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 393.10, 398.55, and 404.30. Whereas, on the other hand, on the...
As per the 1 Hour Chart of CADILA HEALTHCARE, we can see a beautiful Formation of "Bullish Harami" on the chart. Therefore, we are expecting a bullish momentum in CADILAHC in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 469, 473.20, and 481.20. Whereas, on the other hand, on the downside levels,...
CadilaHC has given a breakdown from a descending triangle and a confirmation is awaited in the hourly TF. Potential Target of 425 and thereby it could retest the support zone at 425 level, view is negated above 465
I hope you can now see how Cadilahc represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that...
Why this Trade..??
1. Trading in a falling Channel
Buy or Sell based on the Support Break with Volume
This Analysis works for sure!!!
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.