Buy Zyduswellness above 2065 TGT1 2140 TGT2 2208 SL 2030 . Higher probability that stock will move up from the support level. Entry taken after the BO of Channel forming in 30 Min candles. Can trail SL . RSI is also forming the positive divergences on daily and hourly chart. Good risk to reward trade.
Zydus Wellness is ready to take a long drive.
Zydus formed a perfect Cup and Handle with a flat bottom along with a decrease in volume and as price moved up the volume also increased indicating a bullish move.
Price broke the handle formed and closed at a key resistance level.
Long above 2145 TGT 2250 SL 2085. Stock in very bullish mode & forming the cup & handle pattern on charts.
Also good for long term investment too. Can cross 3000 levels in next 4 month. This is for your educational purpose only.
BUY ABOVE 1330
TARGET: 1360, 1380, 1398, 1425
IF SUSTAIN ABOVE 1425 THEN 1445, 1480, 1495 POSSIBLE
Posting for Educational purpose only
If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas
Zydus Wellness :
after touching 4 times to trendline finally giving breakout above 1300 .
Accumulate around 1300 for target of 1400 and 1500 stoploss 1200.
Usually I am not big fan of buy stocks for delivery however found this one interesting.