Level marked on the chart...Please do your own analysis... If sustain above black line...based on the lower TF close candle....you will took...
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 .
Buy Zeel at cmp for the target of 160 (short term target). As we can see the stock was in a accumulation mode for more than a week. Institutions were accumulating the stock at lower level. It seems like they have completed accumulating the stock and its ready for a big upmove. Good price action + Good volume.
ZEEL has broken out of a month range with good volume , good long setup for targets approximate height of range.
Volatility has been greatly reduced. Please watch for a break out tomorrow. Please take positions depending on the Trend
View published on 27 Mar 20 now trading up 15%.... Expecting a consolidation before target Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Dhiraj Singh Bais Warrior @ Battle field
zeel will go up to 164, futher direction will be determined by upcoming price actions. Want daily, monthly, weekly, hourly, minutes view on specific scripts ?, PM me for details.
AB=CD on Zee Entertainment. Go long at 195 for 245 with a stop at 185.
Comment if you have any doubts regarding my idea. I also would like to read about how I could have improved my analysis, so comment where I could have improved.
DON'T CATCH THE FALLING KNIFE. LONG TERM VIEW: SELL DISCLAIMER: INVESTMENTS ARE SUBJECT TO MARKET RISK, PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.