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SirajHudda
Dec 25, 2016 9:22 PM

Zeel Buy Setup!! Long

ZEE ENTERTAIN ENTNSE

Description

Zeel is giving a Buying Opportunity above 445 when it breaks the down trendline completing the current leg of correction. I would trade it long with a stoploss around 424 and Targets around 500/510 levels. This could be a corrective price action or a new impulsive wave.. Evidence will be seen as to which form of wave is forming based on the price action and how steep or shallow the rally upwards is going to be.

Trade closed: target reached

Comments
ppv370
Looks good
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