ZYDUS LIFE - BOTTOMING OUT_TREND REVERSAL

24 במאי 2022

ZYDUSLIFE
Zyduslife - after a downtrend the stock has started the accumulation phase at support of a weekly up trendline.
It has broken its resistance trendline on the daily timeframe .
The accumulation phase is horizontal consolidation.
Good Positional long trade
Entry above - 380

The stock has bullish divergence forming in RSI .



All levels are marked on the chart.

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happy trading & keep learning.