ZeelNSE:ZEEL1!
Running news of merger with sony .chart have breakaway gaps with highest volume with previous weekly trendline and triangle breakout.
now again forming triangle on weekly trendline support area ,breakaway gap area with bullish butterfly, also having support of monthly inside candlestick low, and divergence on daily chart
Buy Zeel above 226.4 add more 218.80 with two days candle closing stop loss of below 200 target will 236.9-247-274-287++(short term )
mid term buy Zeel @ 226-216 two days closing stop loss below 200 target 287- 364-412
long term buy Zeel @ 226-216 weekly closing sl below 199 target 364-562
BOLO JAI GAJANAND
Butterfly
Nifty - Selling at 10K Repeats!Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
Plan A -
Only Above 10000 or 10K - look for upside target 10170-10200 else Plan B is our favourite short term strategy
Plan B -
Continue your sell taken close to 10000 for 9800 / Below 9800 for 9700 / Below 9700 for 950-9600- Break of Yellow Channel Downside - It may drop to 9400 & lower targets as discussed.
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Last Nifty Idea -
Roller Coaster Ride 9700 -Done & Out
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Last Idea for Stock - ITC
Selling The Tops at 203
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Last Idea on Global Index - SP500
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