ZYDUS WELLNESS LTD

NSE

ZYDUSWELL

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 Possible up move on

Stock Daily Chart shows Bullish. 1st Short term Target : 1300 Stock may Eventually Test Long term Trendline at 1030 area before big Up move.

Up move can be seen once it crosses 1/3 line in which case next target will be 1505 upwards.

Zydus 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.

Stock 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

If stock closed above 886, then we can look at targets of 897 and 922. SL is obviously when trendline breaks.

BUY AT CMP TARGET: 892-899-907-914 SL: 875

Zyduswell 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..