ZYDUS LIFESCIENCES made a cup-with-handle pattern and made a breakout.. If it retests and holds then we can consider it for fresh entry
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...
go 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.
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...
I FEEL This accumalation phase is complet at present this share volume give strength to me, i am bullish on this share ( Desclimer:- This post is only for educational purpose before investing kindly discuss your finicial advisor )