NeeteshJain

ZEEL BIG TRENDLINE BREAKOUT

Long
BSE:ZEEL   ZEE ENTERTAINMENT ENTERPRISES
It is been observed on daily chart that the price action breaks above the downward trendline indicating Buyers empowering over Sellers and now it shall further move up. Price action is still consolidating in a range of 430-460 levels.

Target 1: 450

Target 2: 460

Stoploss: 434
Trade active
Trade active: Reaching to Target 1. I believe it will come out as a big breakout from ZEEL
Trade active
Trade closed: target reached: Target 1 reached successfully. Now, looking for Target2. Regards
Trade active

Comments

465/- is also 50MA...so may face res.
+1 Reply
NeeteshJain ravi2126
@ravi2126, Yes, it may face resistance. Regards
Reply
as per ichimoku system
+1 Reply
hi sir,zeel monthly closing is coming key level 444.70 level.monthly closing below this level seems to open up the gate till 370-80.what do u say?(this upswing hurdle 447.50-451)
+1 Reply
@sandy, I shall update you shortly. Thanks for the feedback.Regards
Reply
Super TA.. Hats off
+1 Reply
NeeteshJain brijsolution
@brijsolution, Thank you, It shall do well. Regards
Reply
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