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.
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.
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--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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