ZYDUSLIFE - Long Setup, Move is ON..NSE:ZYDUSLIFE
✅ #ZYDUSLIFE trading above Resistance of 761
✅ Next Resistance is at 910
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Zydus
ZYDUS BREAKOUTZydus life looks very strong on weekly chart, gives breakout on horizontal resistance trendline and closed above strongly and gives breakout on Bollinger bands too relative strength indicator gives signs of coming bullishness in this stock. Fundamental strong counter.
CAUSE OF LONG-:
1- Horizontal resistance trendline breakout.
2- Bollinger bands breakout.
3- Relative strength indicator breakout.
4- Combination of breakouts
Zydus Multi Time Frame AnalysisZydus Life Science Analysis - 2022
Hey Everyone
We analyzed Zydus Life Science on two different timeframes, one weekly and the other daily.
Weekly Time Frame: Zydus Life Science was observed in the high-volume node area . Based on the volume profile analysis, we can expect the price to switch from a High Volume Node (HVN) to a Low Volume Node (LVN).
Daily Time Frame : In a daily time frame, price of Zydus Life Science has given a breakout in Ascending Triangle Pattern, If the pattern continues, the price of Zydus Life Science might reach the next resistance level of Rs540 . If trend reverses then the price of Zydus Life Science may fall to Rs 335
Technical Term "Change in Polarity" CP : The Principle of Polarity states that once a Resistance level is breached, it changes its nature and becomes Support the next time it is approached. This happens due to change in Demand and Supply
Trade Set Up
Stop Loss Should be the recent low which is 335Rs (Higher Low Point)
Fresh Entry Point Should be the recent high 383-386 Rs (Higher High Point)
Target 540-560
Happy Trading !
ZYDUSLIFE T3 Updated !!NSE:ZYDUSLIFE
#NSE:ZYDUSLIFE T3 Updated, shared @ 367 and now reached T2 @ 399 which is exactly 9% from the level.
400 CE given @ 1.7 and now trading @ 8.25 means bagged 12k/Lot.
Now stock trading in supply zone and chances to retrace immediately or from T3.
Don’t forget to trail your profits.
ZYDUSLIFE 5% T1 Updated !!NSE:ZYDUSLIFE
#NSE:ZYDUSLIFE #Snipershot shown respect on levels, very good momentum and successfully achieved 5% returns.
370 CE 22000/Lot Running for our premium friend, and many high potential trades shared,
you can check my signature for details.
for Zydus you can comment your doubts.
Long ZyduswellnessBuy 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: Cup and Handle formationZydus 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.
BUY ZYDUS WELLNESS AROUND 1300 SL 1200 TARGET 1400 1500 Zydus Wellness :
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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.