Brothers ... There will be several Trap moves in this scrip. Its a OPERATOR Driven Stock . This is a humble attempt at trying to understand their moves . PLEASE Give me your views .
Firstly , on weekly charts Zeel chart pattern is cup n handle, handle can fibonacci retrace to 0.3, 0.5=171.50 or in extreme case to 0.685. In zee case uptil now it has marginally retraced till 0.5 n bounced back a bit. Secondly on daily chart it has shown positive divergence on friday. Thirdly , Rsi, mfi, sto rsi, ulti rsi etc are all in oversold territory . Fourthly cnxmedia has shown positive divergence.Fifthly, option data shows bullish pcr ratios.Starting coming monday i am confident Zeel will zoom back n move towards 225. Best of luck n take care
CASubodhSharma
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@rohit22221, WOW !! Rohit.. that's just great Analysis . Reading your views I can understand how much I hv yet to learn. I much appreciate your kindness and patience to explain so well. Let us together watch how this unfolds . Please do keep checking out my ideas. I will value any guidance you may share !