Zydus life science cup and handle Pattern

١٨ ديسمبر ٢٠٢٣

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

٦ يناير

تم فتح الصفقة

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

٢٦ يناير

تم فتح الصفقة

Now it is trading at 736.5

only 34 point away from target.

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

٣ فبراير

تم فتح الصفقة

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

٢٥ فبراير

تم فتح الصفقة

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

٢٥ مايو

أغلقت الصفقة: تم الوصول للهدف

Both the target has been achieved.

Congratulations to allwho have invested.