1.Moving averages - 21 Ema above 50 -50 Ema above 200 -Gap between Ema seems better 2.uptrend continues observed 3.Good pivot levels
I could see it has formed reverse head and shoulder pattern in 4hr TF. Expecting a good BO above the neck line. Will take a trade on the neck line is broken with good volume. I don;t recommend others to trade on my study. DYOR.
Book Profit in MMFL around 1,062 (Link attached for reference) & Sell Zydus in Intraday for Target Price - EOD. Sell Zydus around 955.20 to 959.95. Don't miss it! For more such interesting & exclusive (via chat on this forum) ideas & predictions do hit the like button & follow my user id- thank you
SUPPORT - 940 RESISTANCE - 970 Sellers are trapped below 940, further fall can continue below only 940, until sideways to bullish. Trade according to your plan.
Zydus seems to be making a rounding top and will sell ZYDUS for a target of 920-890, stop loss should be 945.
ZYDUSLIFE is at a critical stage testing the 50 DMA and RSI 40 levles. Will it hold the support? The technical structure on this daily chart indicates rather a dim picture, though we don’t have a clear confirmation. Its relative performance to CNX 500 has been poor since the beginning of April, 2024. On the momentum front RSI has been diverging from price rise...
Reason for long a) Daily and weekly breakout b) Super vwap breakout c) QQE support d) Minipole and flag e) Good risk reward zone
Zydus has given beautiful breakout above the classical Head & shoulder pattern. May lead to good rally. Please follow the targets.
NSE:ZYDUSLIFE On daily timeframe Zydus life looking good to buy at cmp. Standing strong during market volatility. while market going down the stock is in consolidation phase. RSI above 60. so its showing strength. Buy= CMP SL=daily candle close below 946 Target= at least 1:2 Note: this is not buy/sell recommendation. This is my personal opinion. kindly...
BUY ZYDUSLIFE Entry - 1001 Target - 1083 Stoploss - 960 Risk Reward Ratio - 1:2
Stock has been moving in a channel for quiet a few days and took resistance at Fib Level, If broken, can see ATH and 1027 and above.
BUY ZYDUSLIFE Entry - 1016 Target - 1087 to 1138 Stoploss - 980 Risk Reward Ratio - 1:2
Broader Market Analysis- Small cap Mid Cap Nifty BankNifty NiftyNext50
ZYDUS LIFESCIENCES (1D TF) - Swing Trade Analysis given on 6th March, 2024 Pattern: ASCENDING TRIANGLE BREAKOUT - Volume buildup at Resistance - Done ✓ - Resistance Breakout - Done ✓ - Retest & Consolidation - In Progress #zyduslife
zyduslife has good momentum rsi above 55 pharma sector now boom take 3- 4 pharma stock on radar and make money with proper risk reward ratio. good swing trade
ZYDUSLIFE – CMP 976.75 | Date 08Mar The stock is looking good strong uptrend with good volume Higher high and higher low formation in channel pattern, concentrate above 985 with The targets of 1040, 1075 and 1120
It is trading at 682. It has crossed it neckline of 680. Volume is really good. Daily, weekly and monthly RSI above 60 . If its manage to give weekly closed above 680 then we can consider this as cup and handle breakout 1st target :770 2nd target:1000 30 week moving average as stop loss This is for educational purpose. Not a buy recommendation