Zydus lifescience – Forming pole and flag pattern for NSE:ZYDUSLIFE by amalnarayaneeyam

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Zydus lifescience – Forming pole and flag pattern

ZYDUS LIFESCIENCES NSE:ZYDUSLIFE



Zydus lifescience – Forming pole and flag pattern
Moving above 200 ema
Currently moving through a parallel channel .
Recently broke resistance zone with heavy volume .
Last 5-6 candles having red with minimum volume confirms retracement after a proper breakout.
Good for Swing/Long
The stock was well within a accumulation stage before breakout.



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