After making a bottom in the Dec 2016, Zeel has trended upwards. Yesterday it opened gap up and formed a strong green candle at an important support zone with great volumes. It is good good buy at current levels but would enter upon confirmation at the break of yesterdays high just to make sure that the bulls are in control.
Buy above- 524, SL 493, Target 553, 580
CMP is 530, we will wait for our entry price.