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akshay1808

ZEEL going through Double Bottom pattern

Long
ZEE ENTERTAIN ENT (NSE:ZEEL)  
akshay1808 Updated   
NSE:ZEEL   ZEE ENTERTAIN ENT
Double Top or Bottom Oscillators ZEEL Double Bottom
4
0
doubletoporbottom oscillator zeel doublebottom
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 @574.75
Trade active:
reached 581
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