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akshay1808
Mar 30, 2018 3:09 PM

ZEEL going through Double Bottom pattern Long

ZEE ENTERTAIN ENTNSE

Description

NSE: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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