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https://preview.redd.it/z1t62g50r2zb1.png?width=1477&format=png&auto=webp&s=e0520cc981278c164ba93b19f651d3940a89d9b5
So I was going through the chart of Zydus Lifesciences and realized that it’s forming a cup with handle pattern on the weekly chart with an upside of close to 60% from the CMP (Target of around 1000). I am very new to analysing charts, but do you guys think this analysis is correct? From a fundamental standpoint, their quarterly profit has grown nearly 55% YOY. Planning to purchase some of this, what do you guys think?
View on r/IndianStreetBets by WeirdVisionary