Zydus Wellness (ZYDUSWELL) appears to be gearing up for a significant move, with potential breakout opportunities on the horizon. The stock has been consolidating since February, indicating a period of accumulation and building momentum.
Key Levels:
Keep a close eye on the key level of 1720. A breakout above this level could signal a bullish trend continuation...
Zydus Wellness
Price is at channel support.
Volumes are raising from 23 Feb.
Mar 11 - 88% Delivery trade.
Price formed a Doji.
Keep an SL 1560 for targets 1620 1638 1680 1698
Market looking weak so keep a strict SL, if target reaches then trail SL do not hold on to it emotionally.
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Most of the...
Hey guys,
here's an amazing pharma/healthcare stock that came across my radar.
Here are the details-
CMP- 1574
Targets- 1722, 1791
Stoploss- 1428
Duration- 2 to 3 weeks.
Amazing range to trade.
What do you think?
In the Weekly Chart of ZYDUSWELL ,
we can see that, it has given Cup & Handle breakout.
Let it retest and then enter with SL and Targets.
My expected momentum is shown in chart.
The stock is in a ascending triangle and near it's breakout resistance. The growth and price is promising as per the fundamental.
NOTE: I'm not a SEBI REG. Study before you invest.
-Broke inside triangle pattern
-broke 200 ema strong resistance zone
-volume building up slowly which is another confirmation
-zydus stocks doing well as of now this also should give a run
Zydus wellness broke the upwards channel on long term charts with support at 50% retracement level of 1333.3
As 33% level broke it became resistance for next set of rallies. Price is forming lower highs from price zone of 33% levels. Good dip to buy for a swing trade is at 66.6% level
BUY - ZYDUS WELLNESS LTD
CMP - Rs. 1645
Target - 1: Rs. 1997
Target - 2: Rs. 2400
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Timeframe - 3 months - 6 months
.
Technicals - Trendline Breakout
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This is just a view by an expert an analyst, please invest at your own risk.
.
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Analysis Criteria Used:
1. Please find the Chart Analysis done for the Swing Trade Idea levels for 2nd May, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade...
Analysis Criteria Used:
1. Please find the Chart Analysis done for the 27th March, 2023 and the upcoming week.
2. The analysis for the Swing Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your...
An integrated consumer company engaged in the manufacturing and distribution of health care and wellness products . Manufactures of famous brands like Complan, Nycil, Sugar Free , Glucon D etc having more than 50% market share in its speciality products.More tha 60 % promoter holding with very low debt and zero promoter pledge. Increasing profit margin over last...
We have observed formation of bullish pattern in daily time frame. Even though , Market is showing bearishness, in shorter time frame ; stock straight goes from 1396 to 1511.
I am suggesting buy on dip strategy in this stock. The buying range is around 1400-1500. The immediate target is 1750. The stock is having strength to go much higher than 1750.
Due to...
