ZEEL TRADING ON A FLAT NOTE-----TRADE SETUP IN 2 POSSIBILITIES
Updated
ZEEL Chart showing 2 possibilities with conditions
1st--If crosses channel breakout range of 190 with
higher high then upside 200-210-220 is possible.
if does not sustain near the range of 190 then
downside 170-165 range is also possible
better is to wait for breakout of 192 or sustaining this range.
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ZEEL TRADE SETUP WITH 2 POSSIBILITIES---
1ST-- Buy above 192
TGT--200-210 (Stop below 185)
2ND-- Sell below 180
TGT--170-160 (Stop above 185)
FALL BELOW 160 IS MORE DOWNSIDE TO 145--140
[ALL VIEWS ARE FOR EDUCATION PURPOSE ONLY.]
1st--If crosses channel breakout range of 190 with
higher high then upside 200-210-220 is possible.
if does not sustain near the range of 190 then
downside 170-165 range is also possible
better is to wait for breakout of 192 or sustaining this range.
------------------------------------------------------------------------
------------------------------------------------------------------------
ZEEL TRADE SETUP WITH 2 POSSIBILITIES---
1ST-- Buy above 192
TGT--200-210 (Stop below 185)
2ND-- Sell below 180
TGT--170-160 (Stop above 185)
FALL BELOW 160 IS MORE DOWNSIDE TO 145--140
[ALL VIEWS ARE FOR EDUCATION PURPOSE ONLY.]
Trade closed: target reached
ZEEL HAS HIT BOTH 2 POSSIBILITIES WITH BOTH SIDE HITTING TARGET.ON DOWNSIDE IT HAS COME AGAIN IN THE PARALLEL CHANNEL AND MADE SUPPORT AT THERE THEN MOVED UPSIDE.
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