Zydus Lifesciences, cmp 7141. Cup and Handle breakout in weekly chart
2. Target of 1010, 41% - Timeperiod less than a year.
3. Do your research.
ZYDUSLIFE trade ideas
ZyduslifeThis stock up move as per the below prediction
1.21 Ema above 50 Ema
2.50 Ema above 200 Ema
3.Price above 21 EMA
4.21 Ema retrace
5.Stock in upmove
5.ROCE >15
6.Debt to equity<1
This is for the educational purposes
Zydus life science cup and handle PatternIt 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
Fundamentally strong stock BO in Daily TFCompany results are good and fundamentally strong.
Breakout of Cup and holder pattern in daily frame,
Long term - Very positive.
Potential upside of 13% in short term and 27% in Med-Long term from the current levels.
Fib Retracement level of 1.618 broken and stock is trading at ATH levels.
BO of Cup & Holder Pattern and Fib Ret 1.618 LevelCompany results are good and fundamentally strong.
Breakout of Cup and holder pattern in daily frame,
Long term - Very positive.
Potential upside of 13% in short term and 27% in Med-Long term from the current levels.
Fib Retracement level of 1.618 broken and stock is trading at ATH levels.
ZYDUSLIFE BREAKING OUT FROM 2-MONTH CONSOLIDATIONZYDUSLIFE after an 82% rally, from Oct 2023 low to April 2024 high, without any significant pullback (greater than 8%) has been consolidating for the last 2 months that has now turned into a bullish Head & Shoulder pattern. The stock is attempting a breakout from this bullish pattern on about 2 times average volume. Momentum oscillator, RSI, too is indicating bullishness as it is entering above 60 zone. Technical structure and momentum on the monthly and weekly charts are strongly bullish. On the fundamentals side over the last 6 quarters (till Dec 2023) EPS has been recording significant growth. As the results for Mar 2024 Qtr are awaited shortly it is good to wait for the results before taking a call.
Only personal analysis. No recommendation. Please consult your financial advisor before taking any decision.
Zydus life unmoved possiblitiesThis stock up move as per the below prediction
1.21 Ema above 50 Ema
2.50 Ema above 200 Ema
3.Price above 21 EMA
4.21 Ema retrace
5.Stock in unmoved
5.ROCE >15
6.Debt to equity<1
This is for the educational purposes
ZYDUSLIFE 1:8 RR probable trade set up1. Trend Bullish
2. Set up: reversal from support zone
3. RR: 1:8+
ZYDUS life science1.Moving averages
- 21 Ema above 50
-50 Ema above 200
-Gap between Ema seems better
2.uptrend continues observed
3.Good pivot levels
[Swing Trade] ZYDUSLIFE 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.
ZYDUS LIFESUPPORT - 940
RESISTANCE - 970
Sellers are trapped below 940, further fall can continue below only 940, until sideways to bullish.
Trade according to your plan.
Rounding Top in ZydusZydus seems to be making a rounding top and will sell ZYDUS for a target of 920-890, stop loss should be 945.
ZUDUSLIFE AT A CRITICAL JUNCTUREZYDUSLIFE 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 since mid-Feb, and as a Head & Shoulder top was forming RSI has been making lower-highs and lower-lows and is currently sitting near 40 support. Price breached the neckline of the H&S top and is testing 50 DMA.
A breach below 50 DMA by price, 40 level by RSI can see some strong move further down in the counter.
No recommendation. Only analysis. Pl. consult your Financial advisor for any investment or trading decision.
Zydus breakout (H&S)Zydus has given beautiful breakout above the classical Head & shoulder pattern. May lead to good rally. Please follow the targets.
zydus life long swing tradeNSE: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 trade at your own risk.
Zydus IdeaStock 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.
ZYDUS LIFESCIENCES - Swing Trade - 6th March #stocksZYDUS 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 KEEP ON RADARzyduslife 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 - Breakout Setup, Move is ON..NSE:ZYDUSLIFE
✅ #ZYDUSLIFE trading above Resistance of 910
✅ Next Resistance is at 1130
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 Life Long IdeaZydus Life long idea
Chart looks good
Crossed 200ema - Bullish
In pullback
Near Support
I see Chart is trying to form Cup & Handle
