tikkuk

ZEEL: Today's intraday trade... Descending triangle

NSE:ZEEL   ZEE ENTERTAIN ENT
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It was observed on 5 min chart (publishing 15min chart) that 508 was a strong resistance for zeel , and descending triangle was clearly visible.
I shorted at 507.50 for intraday target of 504.

almost 60-65% of the time ascending and descending triangle pattern is coming true. ( Just need to learn a good exit point )

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