ZYDUSWELL
sugar free Sweetness of Monopoly - Zydus WellnessZydus Wellness Ltd. CMP – 1571.75 (Long Term Investment Idea) (Many Consider It a Portfolio Stock Due to high Monopoly in Sugar Free Market - Close to 90%).
Market Capitalization Rs 10,001.4Cr
Red Flags:🟥
High Valuation (P.E. = 35.6)
MFs are decreasing stake
Green Flags:🟩
No debt
Low debt
Zero promoter pledge
FIIs are increasing stake
Improving annual net profit
Improving cash from operations annual
Promoter holding increasing
Previous Happy Candles Number – 60/100
New Happy Candles Number – 53/100
X/2 Fresh Entry/ averaging / compounding after closing above 1576
Targets: 1640 and 1668
Long term target: 1708 and 1770
Stop loss: Closing below 1480
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
{ZYDUS}:{DETAILED ANALYSIS USING ELLIOT WAVE NOMENCLATURE}
Wave 1 is complete, Here the Wave 1 is a Leading Diagonal which tells us the Wave 3 will be way stronger than what we come accross generally;
Wave 2 has retraced Wave 1 by 61.80% which is a Golden Ratio and Fibonacci goes perfectly with the Waves logic,
Now Wave 3 is forming
According to the Fibo Ext tool we have the 1.618 Golden Level giving us the Target for ZYDUS on the Long Run.
This Analysis is done in the Higher Timeframes so consider the time accordingly only,
{ZYDUS}:[{NOW COMES THE FALL OF 12.90%}]
Price has reacted to a Monthly Source Supply in the left side, Destination Demand is @ 454.50
We have a Confirmation in Daily hoping it is not a "False Breakout", the Reward to Rito ratio of 7:1, justifies the only little risk, or you can also wait for a confirmation in Weekly chart and enjoy Reward to Risk ratio 2:1
ENJOY THE RIDE ! ! !
Long Term investment Idea Zydus WellnessZydus Wellness is a company with strong Market share about (90%+) in Sugar substitute products. Sugar-Free is synonymous with Sugar substitute. The other brands associated with the Company are Complan, Glucon-D, Everyuth, Nycil, Sugarlite, Nutralite, SugarFree D’lite etc. CMP of the share is 1481.65. Negatives of the company are High valuation (P.E. = 31.6), Declining cash flow and Mutual Funds decreasing stake. Positives of the company are Zero promoter pledge, no debt, improving annual net profit, improving quarterly net profit, and FIIs are increasing stake. Entry in the stock can be taken in Two parts 1st after closing above 1486. 2nd after closing above 1537. Target will be1580. After closing above 1580. The long term target in the stock will be 1641 and 1712. The stock is a long term investment idea. The stop loss in the stock can be maintained at a closing below 1372.
#GUFICBIO #ZYDUSWELL #FORTIS #AARTIDRUGS #ALKEM #GLAND #BIOCON #GUFICBIO
NSE: GUFICBIO
CMP: 227
TP: 270
SL: 205
TF: <6m
RR > ~2 times
Return > 18%
GUFICBIO THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
#LALPATHLAB #MOREPENLAB #IPCALAB #DIVISLAB #VIMTALAB #LAURUSLABS#LALPATHLAB
NSE: LALPATHLAB
CMP: 2345
TP: 3075
SL: 2100
TF: <6m
RR > ~3 times
Return > 30%
THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.