LONG ON ZEEL (NSE)

May 18, 2020

This analysis is only for educational purposes, Invest at your own risk!

• A strong uptrend can be seen with a horizontal resistance at price 173 INR along with a good support line
  
• The price will rebound of the support hence providing excellent Long opportunities for traders.
  
• Buying in at 152-153 and selling off at around 170 will give you a 10% return.
  
• The stop loss must be placed just below the support line around 145 INR.
  

ALL THE BEST TO EVERYONE !
Cheers!

May 20, 2020

Trade active

The price is starting to rebound off the support line now and following the trend as per my prediction !
The Target is most likely to be achieved.
Cheers!

Jun 4, 2020

Trade closed: target reached