ZEEL | Long Term Trendline Break | Go long 🎯

----------------------------🙏🙏NAMASKAR 🙏🙏-----------------------------------
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⭕Positional Trading opportunity ! weekly Chart Alert !!!⭕

--Buy above =215.35 or CMP
--Target =258.85 | 297.80
--Stop-loss =173.85
--Lot Size = 3000
--R:R = 1.98
--Expected Profit = 2,40,000₹ per lot ( 38% )
--Expected Holding = 1-3 Months only
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⭕Technical Reasons to trade or Strategy applied :-⭕

1) Long term trendline break
2) Volume is so so .not that impresive
3) stock is now near support zone
4) overall stocks looks bullish ...keep buying on every retracement

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Comment:

stock retest the support zone good risk reward ratio ...look for buy opportunities

Trade closed manually:

guys fundamentals of zee is not looking good as CBI interrogating the offices but nothing wrong has been reported yet so kindly exit your trades ...thank you
NO PROFIT & NO LOSS