ZEE ENT NOW TURN INTO BEARISH ON DAILY CHART
SELL 218-220
TGT:-210-200-190-180-170-170-160-150
SL 230
NOTE:-
(1) AT RESISTANCE LEVEL (DISTRIBUTION PHASE)
(2) RISING WEDGE FORMATION (NEGATIVE INDICATE)
(3) VOLUME DECREASING WITH INCREASE PRICE
(4) RSI NEGATIVE DIVERGENCE
(5) MACD TURN INTO NEGATIVE ZEEL
SELL 218-220
TGT:-210-200-190-180-170-170-160-150
SL 230
NOTE:-
(1) AT RESISTANCE LEVEL (DISTRIBUTION PHASE)
(2) RISING WEDGE FORMATION (NEGATIVE INDICATE)
(3) VOLUME DECREASING WITH INCREASE PRICE
(4) RSI NEGATIVE DIVERGENCE
(5) MACD TURN INTO NEGATIVE ZEEL