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ZYDUS LIFESCIENCES 15 MINS

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The chart shows a bullish trend, with the price bouncing off the support level of 1,150 INR

The candlestick pattern shows a bullish engulfing pattern, where the green candle completely engulfs the previous red candle, indicating a strong buying pressure.

if the price breaks below the support level of 1,150 INR, it could be considered a sell signal.

Alternatively, if the price reaches a strong resistance level of 1165 a short trade can be entered if a strong bearish candle pattern appears.

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Please note that this analysis is based on a limited time frame and should not be considered as financial advice. It's always recommended to conduct thorough research and consider multiple time frames before making any investment decisions.
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