Umang_Sharma

Zeel Analysis

Long
NSE:ZEEL   ZEE ENTERTAIN ENT
Zeel is at the possible breakout stage of a monthly trendline in daily as well as 1 hourly time frame.
.
Reason to Buy:
1) Healthy 'W' patten break out.
2) Buyers dominance at lower levels.
3) Monthly trend line break out.
4) Increased volume levels.
.
Best place to enter at 225.00.
SL should be at previous support i.e near about 215.50.
.
PS: Stock is known for wild momentum in the past.
Comment: Just now notice the formation of a trendline above 220 level in a 1-hour time frame. Once broken I'm planning on entering just a tad bit early. Again beware stock is known for wild moves in the past.
Comment: Entering Right now for Long term view
Trade active: Still holding on to this trade known for wild moves as you can see in the chart above.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out