#Zeel Weekly Analysis.
There are many things we spotted in this chart.
1) Price is moving in a parallel channel.
2) It has also formed a flag pattern.
3) Touched FIB 61.8% level.
4) Currently in the demand zone.
Breaking of the flag will hint at an upward movement. We have given you all the possible outcomes in case of a breakout.
Educational purpose only - kindly do your own research
Good luck.
1) Price is moving in a parallel channel.
2) It has also formed a flag pattern.
3) Touched FIB 61.8% level.
4) Currently in the demand zone.
Breaking of the flag will hint at an upward movement. We have given you all the possible outcomes in case of a breakout.
Educational purpose only - kindly do your own research
Good luck.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.