ZEEL is Breaking out from its resistance at 177, and although the volumes are not very encouraging the Vixfix is decreasing and OBV is increasing, if it sustains over 178, we could soon see 199 as the Target.
Trading in Bullish Channel
Formed Bullish Hammer
MFI has bottomed out
SqzMom has started to turn Bullish
VixFix could signal completed bottom anytime now
Looks sorted if the current trend support holds tomorrow and day after
Stop upon clear breakdown below trend support on EOD basis
HindPetro has given a perfect bounce from its support and is now poised to cover higher grounds.
On Balance Volume is steadily rising indicating investors increasing confidence
Can go Positionally Long with the first target of 208