Zydus Lifescience bullish above 380
Technical analysis : after Covid 19 fall making low of 202 in March 2020, Zydus made high 673 in may 2021 (233 % returns in just 14 months ).
Since May 2021 stock has retraced almost till golden Fibonacci ratio of 0.78 and made almost tripple bottom
Let it make some price action till 0.618 fibonnacci level (near 380 which is again a temporary Supply zone) then MAKE ENTRY ABOVE 380 on DCB
And hold for long term
Targets are 440,500,550,600+
Since May 2021 stock has retraced almost till golden Fibonacci ratio of 0.78 and made almost tripple bottom
Let it make some price action till 0.618 fibonnacci level (near 380 which is again a temporary Supply zone) then MAKE ENTRY ABOVE 380 on DCB
And hold for long term
Targets are 440,500,550,600+
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