Last Week we Shared this Chart on our Telegram Channel, When Indigo was trading in a Channel and Breakout was about to happen.
and Red Trendline is the Resistance Level, If it Crosses with Volume We will be Seeing New Longs.
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ZEEL has broken the upward-trendline and is ready for a downward move. Short at market price for a target of 270 and a stoploss of 285. For a confirmed downtrend, short at 278 when it retests the level for resistance. Views are welcome.