Long

ZEELEARN -- POSITIONAL PICK-- 2022

Updated

ZEELEARN selected as Positional pic of new year 2022 Due to strong bullish technical indicators on daily chart, stock has strong breakout with good volume in last trading session. upper channel breakout clearly seen on the chart. ! one can buy the stock at cmp @15.35 for potential 10-20 % upside target in 8-10 trading sessions.

Bullish Technical Indicators
1. Golden cross with 20,44,200 SMA before breakout.
2. upper channel breakout
3. double bottom seen at strong support level before breakout.
4. RSI(14) Value 63.9...above 60 is bullish signal
5. MACD value 0.3 ... MACD above center and above signal line is strong bullish indicator
6. volume seen increase at last closing session .

BUY ZEELEARN @ 15.35

TARGET 17-18

STOP LOSS 12.80

* COMMENTS for or against this idea welcome.!!

* Please do own study and analysis ..hopeful this idea will help for same..take call at own risk.!!

WISH YOU HAPPY NEW YEAR 2022 ! & HAPPY TRADING !!

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ZEELEARN Good opening in morning TODAY .!!

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well its 7% UP now high 16.45 !!

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TARGET 1- 17 HIT.. 10% UP .

Trade active

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Head to next target 18 in next few session...!

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Deliverable qty at NSE 60% TODAY.. !! as of now..which is very surprising when stock aleardy up 12% ...!! thats means some more fuel left for this rocket to go up.!!

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today intraday support 16.50 and resistance 17.50 once breaking 17.50 above will seen strong upmove again...04/01/2021

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HIT the 17.50 Resistance in morning..then retrace lets see in todays session 17.50 retest and cross have to watch out..!

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INTARDAY buy signal around 16-20-16.30 level .....on hourly chart . new demand can seen From this level.

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at around 16 Double bottom formation ...seen !

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ZEE LEARN UP ABOVE 8 % TODAY -- 17.75 level 06/01/2022

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ZEE LEARN TARGET 18 HIT.....HAPPY TRADING.!!

Trade closed: target reached

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FINAL PROFIT BOOK. !!

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BUZZ.....BYJU'S to take around 51% stake in ZEE LEARN via preferential issue as well as from existing shareholder. stock 20% UP. !!

Trade closed: target reached

champtrade111

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