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NeeteshJain
Short

ZEEL Bearish ABCD Pattern

ZEE ENTERTAINMENT ENTERPRISES (BSE:ZEEL)  
NeeteshJain  
BSE:ZEEL   ZEE ENTERTAINMENT ENTERPRISES
AB=CD pattern ZEEL
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abcdpattern pattern zeel
It is been observed that the price action formed a bearish ABCD harmonic pattern on daily and hourly chart indicating further move down.


Target: 500

Stoploss: 520
Trade active

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Educational 05: AB=CD Pattern

Comments

bibz4trade
snapshot
+1 Reply
VR.StockMarket bibz4trade
@bibz4trade, Does it mean that it can go up or break the channel downward? pls elaborate
+1 Reply
NeeteshJain VR.StockMarket
@VR.StockMarket, It may correct for a while but it shall again breach above the resistance levels. I appreciate your sharing. Regards
Reply
bibz4trade VR.StockMarket
@VR.StockMarket,
Zee ENT completing the correction
Reply
bibz4trade bibz4trade
@bibz4trade, above is the link to my post
Reply
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