🚀 Zydus Lifesciences — Breakout Setup
Zydus Life is approaching a major resistance zone around ₹1,205 after consolidating for several weeks.
📈 Price is testing the previous high with volume above its 20-day average, supporting the breakout attempt.
Buy above ₹1,205 with sustained price action/volume confirmation.
🎯 Targets: ₹1,250 → ₹1,300
🛑 SL: ₹1,175
A successful breakout and retest of ₹1,200–1,205 can provide a better risk-defined entry.
Key trigger: ₹1,205 breakout + volume confirmation.
Zydus Life is approaching a major resistance zone around ₹1,205 after consolidating for several weeks.
📈 Price is testing the previous high with volume above its 20-day average, supporting the breakout attempt.
Buy above ₹1,205 with sustained price action/volume confirmation.
🎯 Targets: ₹1,250 → ₹1,300
🛑 SL: ₹1,175
A successful breakout and retest of ₹1,200–1,205 can provide a better risk-defined entry.
Key trigger: ₹1,205 breakout + volume confirmation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.