The stock has been in an obvious bear market for a long time. The strategies to trade the stock would be to sell on rallies. The parallel channel in purple presents an area of value and is the upper level of the general down trend. Shorting at this level will present the best entry. SL near previous swing high. Target @ previous swing low.
Buy above 224 on hourly candle closes, SWING target of 243 on short-term 335..
5 Wave upward Impulse complete and correction is onn; we need to verify the waves in the lower degree; We have a confirmation of completion of impulse after the verification of the 5th wave of the upward impulse. This makes a WAVE 1 of the Higher Degree; and then forms the Correction which is a downward Zigzag structure and hence it makes the WAVE 2 in the...
Zeel is performing well even after recent correction. In PDS (previous day session) it again tried to break its recent high point(219). Looking at the strength its a good buy above 220 for target 229, 235
a. Zone: Strong Bull b. Resistance 1: 253.70 c. Resistance 2: 258 d. Support 1: 197.80 e. Support 2: 193.50 NSE:ZEEL
everyone is bullish on Zeel but i am booking profit here will reenter if close above 218 with volume
study purpose. last 2 day candles showing pressure. If the buyers stay strong enough to break this major S/R RANGE , we can expect it to move above .
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...
If the stock sustain above 211 for 1 hour and then breaches 213.15 and stays for 15 minute above 213.15 then we go for 1st target of 233 and 2nd target of 260.
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...
Buy @195 , Target @201 , @203 .Stop loss 190
Short ZEEL if stock won't break its resistance and target will be 154. SL: 167. Wait for the right time.
By Loooking at zeel Charts Seems Like another 10 Points Movement can be seen as per data..Just for educational Purpose
ZEEL is showing a strong momentum. Once can go long for positional trade.
Zeel under a formation, yet pending which targets around 231 which will finish the pattern and gives another deep correction till 185 to 158 as T1 and T2