Bullish on Zydus Lifescience
Hi,
I am really bullish on Zydus lifescience.
1. Today, It form a Morning Star on day chart and also broke its neckline at 342.55
2. I am expecting it will complete its Inverted Head and Shoulder Formation at 380.
Traders Target: Buy above 346 Target 350 ,358 SL: 338
Investor Target:435
ZYDUSLIFE
ZYDUS LIFE - BOTTOMING OUT_TREND REVERSAL NSE:ZYDUSLIFE
Zyduslife - after a downtrend the stock has started the accumulation phase at support of a weekly up trendline.
It has broken its resistance trendline on the daily timeframe .
The accumulation phase is horizontal consolidation.
Good Positional long trade
Entry above - 380
The stock has bullish divergence forming in RSI .
All levels are marked on the chart.
"If you would like any more information feel free to DM me"
happy trading & keep learning.