Zydus Lifesciences BrokeOut of a major resistance zone (since Oct 2024) couple of days back and it re-tested the zone again today. The volume is above average though. Short-term EMA's are in PCO state which indicates bullishness.
If the BreakOut sustains then we may see the stock reaching levels of 1135. We may see levels of 920 if the BreakOut does not sustain.
Price-action is to be monitored !!
If the BreakOut sustains then we may see the stock reaching levels of 1135. We may see levels of 920 if the BreakOut does not sustain.
Price-action is to be monitored !!
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.