Zydus life looks very strong on weekly chart, gives breakout on horizontal resistance trendline and closed above strongly and gives breakout on Bollinger bands too relative strength indicator gives signs of coming bullishness in this stock. Fundamental strong counter.
CAUSE OF LONG-:
1- Horizontal resistance trendline breakout.
2- Bollinger bands breakout.
3- Relative strength indicator breakout.
4- Combination of breakouts