Zeel - April 13 Day Trade!

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Zeel             has formed double bottom . RSI is showing strength as it is rising above 30. The price action should break the downward trend line and sustain to show its strength. If the price is showing strength we can go long at the price of 532 with the stoploss of 529. Targets are 535, 538, 541 and 544. If the price cant sustain above the support level we can short at the price of 529 with the stoploss of 532. Targets are 524, 522 and 519. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for 13th April 2017 only.
expecting a up move starting now. Watch out !!
@shaqqs, Sure.
What the chart tells is when double bottom and momentum is going down there is further fall. Need your comment.
vanathi ramana.kgvr
@ramana.kgvr, This idea is not valid when you asked the question.
Yes i will invest in zeel .good analysis
vanathi rajiv1000
@rajiv1000, Ok.
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