#ZydusLife making Head&shoulder pattern,12% upmove dega kya? Zyduslife on daily time frame has made pattern based on popular shampoo brand "Head & shoulders". Or it can be called as cup n handle also. If we calculate depth of the pattern then upmove of 12%, above 670 looks achievable. I have gone long at the retest of breakout level at 675. Once 730 is achieved I will book 2/3rd qty and for the remaining qty will pust cost SL so there is no risk in the trade. Let's see if this stock gives me my targets or not
ZYDUSLIFE trade ideas
ZYDUSLIFENSE:ZYDUSLIFE
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Zydus - Bullish Setup, Breakout RUN....Stock name - Zydus Lifesciences Limited.
✅#ZYDUS trading above Resistance of 919.
✅Next Resistance is at 1145.
✅Moved 35% in 9 weeks.
Weekly chart setup
Chart is 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.
Master Score - C
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
ZUDUSLIFE - Long Setup, Move is ON....Stock name = Zudus LifesciencesLimited.
✅#ZYDUSLIFE trading above Resistance of 786
✅Next Resistance is at 919
✅Moved 17% in 7 Weeks
Weekly chart setup
Chart is 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 and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
ZyduslifeStock name = Zydus Lifesciences Limited.
Weekly chart setup
Chart is 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 and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Keep your trades simple_ZYDUS_TRADE_SETUPWhen a stock gives you a clean breakout, you take it!!
INR 650 level had been providing a strong resistance to this particular stock for more than 4 months now. The stock, in an attempt to go past this resistance made few dips and rallies which led to formation of an inverted head &shoulders pattern on the chart.
INR 650 was the neckline of the pattern and the stock broke the neckline and closed above it with vol expansion on Thursday's trading session.
The target pattern projection suggests an upward target of around INR720-730 for the stock.
INR 650 should be a major support now.
CMP - INR 657
SUPPORT - INR 650
TARGET - INR 720
SL - INR 635
Note*- The views expressed are based on personal observations/opinions. Please do you own research before making any trading decisions.
Double Bottom Pattern Reversal in ZYDUSLIFEZYDUS LIFESCIENCES LTD
Key highlights: 💡⚡
📊On 4 hour Time Frame Stock Showing Reversal of Double Bottom Pattern.
📊 It can give movement upto the Reversal target of Above 622+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 657+.
📊 Can Go long in this stock by placing stop loss below 571- or last swing Low.
ZYDUSLIFE at an important levelZYDUSLIFE seems to be hitting 644.00 level multiple times but unable to break it out.
Hence that acts as an important resistance level.
Go long once the resistance level is broken and price breaks 645 level
First target could be 655.00 and second target could be 52-week high level (668.00)
Happy Trading :)
Ascending Triangle pattern breakout in ZYDUSLIFEZYDUS LIFESCIENCE LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Ascending triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 670+.
✅Can Go Long in this stock by placing a stop loss below 630-.
CADILAHC_23.08.2023Accumulate CadilaHC slowly, First support (very strong) seen at 297. Accumulation zone has just started.