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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKZYDUSLIFE

Zydus Life Outlook for the Week (August 21, 2023 – August 25, 2023)

Zydus Life
Zydus Life
Zydus Life closed the previous week on a negative note losing 3.52%.

Technically, Zydus Life share price will see immediate support at 636.37 and immediate resistance would be seen at 659.57.

If Zydus Life share price closes below immediate support of 636.37, then sharp breakdown can be seen. Zydus Life share price will see major support at 624.88 for the week.

670.00670.00660.00660.00650.00650.00640.00640.00630.00630.00620.00620.00610.00610.00600.00600.00590.00590.00580.00580.00Jul 7Jul 7Jul 12Jul 12Jul 17Jul 17Jul 20Jul 20Jul 25Jul 25Jul 28Jul 28Aug 2Aug 2Aug 7Aug 7Aug 10Aug 10Aug 16Aug 16Reversal Level 662.56BuySellSell

On the positive side, immediate resistance will be seen at 659.57. Closing above 659.57, Zydus Life share price will see a sharp breakout. Major resistance for Zydus Life share price will be seen at 671.28 for the week.

Trading range for Zydus Life share price for this week should be between 613.17 on down side and 682.77 on up side.

Zydus Life Previous Week High: 659.8

Zydus Life Previous Week Low: 636.6

Zydus Life Previous Week Range: 23.2 Points

Zydus Life share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 682.77
Resistance 2 671.28
Resistance 1 659.57
Support 1 636.37
Support 2 624.88
Support 3 613.17

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