Zydus Lifesciences rebounds from 100-day EMA!

Zydus Lifesciences rebounds from 100-day EMA Zydus Lifesciences Limited (NSE: ZYDUSLIFE) is trading around ₹1,180.30 after finding support near its 100-day EMA and staging a rebound. Why it matters The stock has shown renewed buying interest after taking support around the 100-day EMA. Momentum indicators have also improved, with the daily RSI reversing from below its midpoint and reaching 60.07, according to the September 25 technical setup published by Moneycontrol. The published technical setup identifies ₹1,130 as the strict risk-control level and ₹1,280 as the potential upside objective. These levels come from the cited analyst setup and should not be treated as my independent price prediction.