NSE:ZEEL
This is for the trader who wants to trade based on the news of ZEE Sony merger. It can be a risky trade. May be it will be having big gap up/down opening.
This trade setup is considering minor gap up/down opening. If the inverse head and shoulder pattern gets activated then we can see a good move on breakout of it.
Trade Setup for Date: 22-12-2021...
Zeel Is Sitting On The Ticking Bomb!
Did you read the previous report of MCX Gold? If not, click the below link to read it.
- Is zeel preparing for a bull run?
Zeel has concluded a corrective structure and started an impulsive wave. The price is about to cross the recent high of 362 , but there is resistance.
Breakout traders can enter after breaking...
I shared a buy call on ZEEL on 13 May 2021, triggered on 25 May. Target hit in on 03 June 2021.
Captured 9% in 9 days.
See, the given call on May in related ideas
It has potential to go further. Kindly see the chart for the targets.
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You can also check the below related trading ideas and my personal trade setups.
after breaking weekly channel pattern it moved 25%, but again trading in wage pattern.
lets observe and decide trade on breakout..
Like, Comment & follow.. To get more chart analysis.
I hope you can now see how Zeel represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed...
DISCLAIMER
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only.
Zeel
Buy at any price below 200 rs ( you may get very good entries at 199.05, 197.5, 195.65). You can use the previous number as Stoploss
Target Price at 210.35. If closes above 210.35, hold for 212.90, then for 215.90. If closes...
Before the trade, kindly use the rule of margin management for risk.
“There are a number of different types of techniques , and strategies but I used my own and mix research"
I hope you all are enjoying. Everything is plotted on the chart,... LIKE and Comment please .
![ZEEL: Simple Trade Setup | ZEEL | 22-12-2021 [INTRADAY]](https://s3.tradingview.com/6/6kpJI1Ur_mid.png "Simple Trade Setup | ZEEL | 22-12-2021 [INTRADAY]")
