ZYDUSLIFE - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.4

Here’s a detailed technical analysis of Zydus Lifesciences Ltd (ZYDUSLIFE)

📊 Trend Overview

Current Trend: The stock is in a strong uptrend, trading near its 52-week high and well above key moving averages.

Price Action: At ₹1,048, ZYDUSLIFE is above both the 50-DMA (₹994) and 200-DMA (₹964), confirming bullish momentum and trend continuation.

📈 Momentum Indicators

RSI (67.0): Approaching overbought territory. Indicates strong momentum but suggests caution for short-term entries.

MACD (17.1): Strongly positive, confirming bullish crossover and sustained upward momentum.

Volume: Current volume (10.17 lakh) is significantly higher than the 1-week average (6.68 lakh), showing strong participation and buying interest.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 994 Support

200-DMA 964 Strong Support

Current Price 1,048 Above both DMAs

📌 Bollinger Bands

Price is near the upper band, suggesting strong momentum but potential short-term resistance.

A breakout above ₹1,060–₹1,070 could trigger a rally toward ₹1,100+.

🧭 Support & Resistance Zones

Immediate Support: ₹1,020–₹1,030

Major Support: ₹980–₹1,000

Immediate Resistance: ₹1,070–₹1,100 (52-week high)

Major Resistance: ₹1,120–₹1,150

🎯 Entry & Exit Zones

Optimal Entry: ₹1,020–₹1,030 (on pullback with MACD support)

Exit Zone: ₹1,100–₹1,150 (resistance zone), ₹1,200+ if momentum sustains

🔍 Conclusion

ZYDUSLIFE is currently trending upward with strong RSI, MACD, and volume signals. Price action above key moving averages confirms bullish sentiment. A breakout above ₹1,070 with volume could signal further upside, while a pullback to ₹1,020–₹1,030 offers a favorable entry. The stock remains in a bullish trend with short-term momentum intact.

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