Zydus Wellness Limited (NSE) (W) - Strong accumulation

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Zydus Wellness Limited (NSE) (W) - Strong accumulationZydus Wellness LimitedNSE:ZYDUSWELLDr_BeanKey Levels Support Zones: ₹1,890.75 → important support (green line). ₹1,549.95 → strong support base if weakness extends. Resistance Zones: ₹2,026.55 (near current price, needs breakout). ₹2,157.25 (first upside target). ₹2,287.95 (next resistance). ₹2,423.75 → strong barrier (previous swing high). ₹2,549.35 → extended target. Volume Analysis Noticeable volume spike during June–July rally, showing strong accumulation. Recent weeks’ volume has cooled off but still remains healthy, suggesting consolidation rather than distribution. Possible Scenarios Bullish Case Sustained move above ₹2,026–₹2,157 could open targets at ₹2,288 → ₹2,423 → ₹2,549. Breakout above ₹2,423 would confirm a strong trend reversal on the weekly chart. Bearish Case If price fails to hold ₹1,890, a correction toward ₹1,550 may occur. Breakdown below ₹1,550 would signal continuation of the larger downtrend. Stock is in a base-building phase after breaking its long-term downtrend. As long as ₹1,890 holds, bias remains bullish with potential to test ₹2,288–₹2,423 in coming weeks. ⚠️ Disclaimer: This chart is for educational purposes only. Regulatory Note: We are an independent development team. Our services are not registered or licensed by any regulatory body in India, the U.S., the U.K., or any global financial authority. Please consult a licensed advisor before making trading decisions.