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Zyduslifeanalysis

#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
NSE:ZYDUSLIFELong
by ssudhirsharma11
5
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.
NSE:ZYDUSLIFEShort
by IIT-Trader
1
{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,
NSE:ZYDUSLIFE
by WavesandZones
2