Zydus Lifesciences Long-term trend Analysis
1. In a position of value buying zone.
2. It's started accumulating it may take 2 months to 1-year period of time.
3. If you are a Sip investor try this stock for the next 2 years.
4. First Target will be 750.
5. Advantage is It's in a very low PE ratio now.
6. There is no bad sign from promoters since they are ready to...
NSE:ZYDUSLIFE
# ZYDUSLIFE shared with Levels on 24th and reached 2nd target with 4%, 10k/lot till now, check out the levels shared.
Attached previous chart fyr...
Happy LEarning !!!
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
it is in a inverted head and shoulder pattern have a chance to give a breakout in a week , can expect a return of almost 30% but i am not a pro in trading just sharing my thought on it
to the left is the weekly chart..stock has reached the channel bottom....plus there are other confluences like the 78.6% retracement and 138.2% fib.extension level which imakes one believe that the correction is over for the stock.....
To the right is the daily chart, where we can see a shark pattern formation with likely target of 431...
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...
