ZEEL - another attempt to breakout

Dec 7, 2023

ZEE has made HH HL pattern last 3 weeks, have tried multiple times to breakout above the fibonacci levels but faced resistance at seller vwap from Aug highs. Need to see if it can manage a breakout this time.

Dec 11, 2023

Trade active

Zee has closed above the previous resistance levels of 267 for 2 consecutive days and is also trading above the seller vwap from Aug highs. Set-up looks strong to reach next Fibonacci levels of 298/313

Dec 12, 2023

Trade active

12 Dec 2023: Zee achieved its next fib level of 298 and is facing some selling at this levels. It has also taken out its Aug highs. Next level 310.