ZEEL is going through a double bottom pattern. Double Bottom is a bullish trend reversal chart pattern formed after good bearish price move. MACD (15,50,9) as well as Stochastic Bullish divergence both are giving a buy signal as well.Go Long for a target of 597(t1) & 618(t2). Maintain a Stoploss of 558 (SL).
Trade active
Bought ZEEL @574.75Trade active
reached 581
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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.