ZYDUSLIFE at CMP ₹903.75 (-0.46%) exhibits oversold bounce opportunity near day low ₹900.25 holding above key 50DMA ₹898 support with RSI likely 35-40 oversold zone post recent decline from 52-wk high ₹1,059, neutral Stochastic amid pharma sector rotation despite bearish short-term MAs. Buy dips ₹898-902 targeting R1 ₹910-R2 ₹920 resistance (recent highs) for 2-3% upside in 1-2 sessions, strict stop below ₹890 (20DMA break) offering 1:2 risk-reward.
Warning-
Disclaimer– Registration granted by SEBI, membership of a SEBI recognized supervisory body (BSE) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Disclosure– Investments in securities market are subject to market risks, read all the related documents carefully before investing.
Comments
One response to “ZYDUSLIFE30MAR26900CE( ZYDUSLIFE ) [166530]”
SL HIT