ZEEL
ZEEL....Target 260 !Zee Entertainment Enterprises is an Indian media conglomerate owned by Essel Group...
Target 260
SL 200
#I personally think that Instead of Cup and Handle....I invented new pattern ..#Double Glass 🍸 🍸 🍾 pattern @RAAJJHESH
Good for long !!!
****Disclaimer - For Study Purpose Only***
ZEEL | Long Term Trendline Break | Go long 🎯----------------------------🙏🙏NAMASKAR 🙏🙏-----------------------------------
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⭕Positional Trading opportunity ! weekly Chart Alert !!!⭕
--Buy above =215.35 or CMP
--Target =258.85 | 297.80
--Stop-loss =173.85
--Lot Size = 3000
--R:R = 1.98
--Expected Profit = 2,40,000₹ per lot ( 38% )
--Expected Holding = 1-3 Months only
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⭕Technical Reasons to trade or Strategy applied :-⭕
1) Long term trendline break
2) Volume is so so .not that impresive
3) stock is now near support zone
4) overall stocks looks bullish ...keep buying on every retracement
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ZEEL LONG 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 .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
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(Positional) Buy SunTVTrade Setup: Stock has made a base around 410-430 levels and now showing signs of upward movement with volume on daily charts.
Buy Zone: 435-440
SL: 400 on closing basis
Target: Target1=465, Target2=508 Target 3=550
Imp:
1. Trading requires more than technical analysis . e.g. Risk Management, trade management, psychology etc.
2. Always follow stop loss.
3. Once a trade is in your direction (say) 2-3%, never let it go in a loss.
4. Simply follow rules. Nothing else..
Disclaimer: This is for demonstration and educational purpose only.