ZYDUS WELLNESS LTD NSE:​ZYDUSWELL

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..