ZEEL has retraced to level 1 on fib series. and has been facing resistance at this level. Keep an eye on this media house.. Beyond 233 it can give a swift upmove towards 300.. which is the next fib level. Only good for investment above the fib level of 233. Currently the stock is out of its long term down trend by breaking the fall trendline resistance and has...
Short term trade.. May be for 2-3 months..
i can see zeel will fall below 235..
Buy above yellow line with the targets of blue lines Sell below black line with the target of red line
Enter Short Sell in ZEEL below 427 T- 421, 416 & 406 Sl- 438
i will look for long side and will definitely try to go long and instead of shorts ,for this month ....