ZYDUS LIFESCIENCES SWING TRADE IDEAZYDUS LIFESCIENCES gave weekly resistance zone breakout with gud volume and a strong bullish candle closed abv 52 weeks high today can play this stock for swing trade with your best RR.
ZYDUSLIFE trade ideas
Zyduslifesciences weekly cup and handle pattern breakoutZyduslifesciences weekly cup and handle pattern breakout buy above 668 for upside swing target of 732 and 831
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.
Zydus Life Cup and Handle Pattern on Weekly and Monthly ChartZydus Life Cup and Handle Pattern on Weekly and Monthly Chart, with rising EMA and positive RSI and MACD, expect good returns from it long investments.
CUP & HANDLE BREAKEOUT PATTERNAfter conducting an analysis of Zyduslife Stock, I've observed a promising cup and handle formation, indicating a potential breakout. Considering the current situation, a purchase at 633 seems opportune with a recommendation to hold.
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 go longgo long if it crosses : 603.35
entry price: 603.40
stop loss: 589.15
target: 639.40
This idea is for Educational purposes , i am not SEBI registered.
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-.
ZYDUSLIFE Zydus life after a long term upside movement, it have now pullback to a moderate support level around 610 - 614 , the next long term 740+
CADILAHC_23.08.2023Accumulate CadilaHC slowly, First support (very strong) seen at 297. Accumulation zone has just started.
Zydus Life science20/08/2023
Zydus Life science
CMP :647.85
If closed above 674
Target : 10 to 20%
Information is only for study purpose
Zydus lifeZydus life is about to cross all time high. Can go upto 700-750 if market sustain. Keep strict SL of 600
CADILA BIG buy zone after crack down . start accumulating for long. there is a reversal indication from 313.
Zydus Life Science-Nice breakoutZydus Life Science-Nice breakout.
Capital to be deployed- 20k
Price -525-532
Stoploss-466
Targets-640/797
#zyduslifescience #nifty50 #NiftyBank #investment #StockMarket #StocksToBuy
ZydusLifeLooking forward in this script to be a short trade for the time being within the disclosed range.
Pattern is suggesting a downfall as per my personal experience.
Let's watch it for the time being.
ZYDUS SHORT
Price has reacted to a Monthly Supply and has given a Sell confirmation in Weekly and Daily,
Price has formed a Fresh 6 MOS Demand @ 454.05 inorder to reach the Demand Price has to take a fall, also the Reward to Risk ratio is favourable.
ZYDUSLIFE--Bearish turn ahead??Observations::
the stock is trending upwards in daily time frame.
now the price is facing resistance @ 530 range.
if price break this resistance we have next resistance @ 565-575 range.
now the stock is looking weak in buyside, we have a trendline resistance well,
if price breaks the trendline, we have a chance to buy till the resistance, keep track this instrument.
we have demand zone @500-505 range, will acts as support. If failed to act as support,
we will sell this stock for downside targets of 480,460,420.
keep use alerts in this stock at respected levels.
{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 ! ! !
