ZYDUSLIFE - Technical Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to Technical List📊 ZYDUSLIFE Technical Analysis Summary
Technical Rating: 4.1
📉 Trend & Momentum Overview
Current Price: ₹995 (above both 50 DMA ₹961 and 200 DMA ₹950)
Trend Status: Trending upward with bullish undertones
52W Performance: Up ~37.8% from low of ₹795, but ~25% off high of ₹1,324
Volume: 9.67L (above 1-week avg of 8.83L) → Healthy participation
📈 Key Technical Indicators
RSI (61.5): Bullish zone → strong momentum but not overbought
MACD (3.74): Positive crossover → confirms bullish momentum
Bollinger Bands: Price near upper band → strong trend, but watch for volatility
Moving Averages
50 DMA: ₹961 → support
200 DMA: ₹950 → strong support
Price above both → bullish alignment
🔍 Chart Patterns & Support/Resistance
Recent Patterns: Inverse Head & Shoulders forming with neckline near ₹998–₹1,000
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Support Zones
₹975–₹980 (short-term)
₹950 (200 DMA, strong support)
₹925 (psychological level)
Resistance Zones
₹1,000 (neckline breakout)
₹1,050–₹1,080 (supply zone)
₹1,100+ (momentum extension target)
🚦 Short-Term Signals
Momentum: Strong; RSI and MACD support bullish continuation
Entry Zone: ₹975–₹990 (on dips or breakout confirmation)
Exit Zone: ₹1,050–₹1,080 (initial resistance); ₹1,100+ for extended targets
Stop Loss: ₹950 (below 200 DMA)
🧭 Conclusion
ZYDUSLIFE is in a bullish trend with strong technical indicators and volume support. The inverse head & shoulders pattern suggests a potential breakout above ₹1,000
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. Ideal for momentum traders and swing setups looking to ride the trend.
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