Zydus life science cup and handle Pattern

It is trading at 682. It has crossed it neckline of 680. Volume is really good. Daily, weekly and monthly RSI above 60 .
If its manage to give weekly closed above 680 then we can consider this as cup and handle breakout
1st target :770
2nd target:1000

30 week moving average as stop loss

This is for educational purpose. Not a buy recommendation

Zlecenie aktywne:

Now it is trading at 714.

Slowly and steadily it is moving for its first target.

Have patience

This is for educational purpose. Not a buy/sell recommendation

Zlecenie aktywne:

Now it is trading at 736.5

only 34 point away from target.

This is for educational purpose. Not a buy/sell recommendation

Zlecenie aktywne:

It is trading at 766. 1st Target is almost achieved.

Stock is in upward channel . It can be use for SL .

This is for educational purpose. Not a buy/sell recommendation

Zlecenie aktywne:

Trading at 923. Almost to 2nd target of 1000.

It had a one way rally after breakout from cup & handle pattern.

This is for educational purpose. Not a buy/sell recommendation