ZYDUSWELL trade ideas
SHORT Term Investment Pick 1500/1600/1700/1900+SHORT TERM INVESTMENT PICK: This has great possibility to reach 1500/1600/1700/1900+ in coming time as we can see great breakout from ascending triangle and from a long term daily resistance zone. If price breaks out and says couple of day above 1395 one can enter.
Zydus Wellness Bullish STOCh RSI /RSI Div on Daily ChartStock Daily Chart shows Bullish.
1st Short term Target : 1300
Stock may Eventually Test Long term Trendline at 1030 area before big Up move.
The stock has returned from 1358.80, 1/3 resistance line.Up move can be seen once it crosses 1/3 line in which case next target will be 1505 upwards.
Zyduswell long ideaZyduswell Bounceup from previous resistance and given nice trendline breakout on weekly chart all over trend is up....go long for 1st target 1051-after that 1350....cmp 887..
Zydus wellness - Riding the healthy waveStock has been in a range over the past 1 year and has formed an ascending triangle pattern. Good probability of stock breaking the range and moving towards 1100 levels. (Chart is weekly)
Long term investors can consider this as a part of their core holding
Zydus Wellness Breaking out of a Year Long ConsolidationZydus Wellness Breaking out of a Year Long Consolidation. It could very well be making a huge Cup and Handle Formation and test previous highs of 1070 levels.
It is a positional pick and I would be holding it till the target or 100 days.
#ZYDUSWELL - Ascending Triangle on Weekly ChartZYDUSWELL has a strong resistance zone around 920-930 and it has fallen multiple times from that level. It has formed ascending triangle pattern on weekly chart. It is good for long once it breaks out and closes above 930.
ZYDUS Wellness - On an uptrendIf stock closed above 886, then we can look at targets of 897 and 922.
SL is obviously when trendline breaks.
