will like to go long in the script forming a good marubuzu , followed up buying and sustaining the levels , stock beaten up laready , thus some good , can add great in market cap .. stop of 51 target of 60++ risk to reward near 1 : 1 .
NSE:ZEEL is going through a double bottom pattern. Double Bottom is a bullish trend reversal chart pattern formed after good bearish price move. MACD (15,50,9) as well as Stochastic Bullish divergence both are giving a buy signal as well.
Go Long for a target of 597(t1) & 618(t2). Maintain a Stoploss of 558 (SL).
Zee Entertainment has been trading within a parallel channel. Once can look forward to buy at CMP and on dips upto 505 for a target of 625/700/760. SL below 485 is recomended
Zeel is about to enter Breakout / Reversal zone of an Year Long triangle.
A strong base trend line being respected for over two years, should be hard to break down.
The stock has been consolidating in a tight range recently. Notice the convergence in the Bollinger Bands, suggesting a potential "squeeze". The price has also bounced off the lower line of the trend channel, which is another positive sign. This stock is in my watchlist.
Zeel is giving a Buying Opportunity above 445 when it breaks the down trendline completing the current leg of correction. I would trade it long with a stoploss around 424 and Targets around 500/510 levels. This could be a corrective price action or a new impulsive wave.. Evidence will be seen as to which form of wave is forming based on the price action and how...
Zee Entertainment has been trading in uptrend channel and approaching channel resistance,there may go good buying at 518 with target of 543 in near term.
It is been observed that the price action formed a bearish ABCD harmonic pattern on daily and hourly chart indicating further move down.
Target: 500
Stoploss: 520
Beautiful Channel with multiple alternative touches on both sides offers a good entry in the direction of breakout. It is good for trader as well as investor as we can expect the price not only the range doubling but even for the next level. I hope it would rewards well.
The stock has formed a beautiful channel with multiple alternate touches on both sides. It seems gathering energy for rapid move. A long is recommended at this point with stop loss just below of low of today's bar. Target 470 and thereafter on breaking the channel 510. Even for the first target of 470, the risk to reward is quite good. Good Luck
from past few days ZEEL is in the range, so as of now we can continue playing that range, sell when it reaches top and buy when it reached bottom.
If range breaks then we have to continue the trade in that direction.
It is been observed on daily chart that the price action breaks above the downward trendline indicating Buyers empowering over Sellers and now it shall further move up. Price action is still consolidating in a range of 430-460 levels.
Target 1: 450
Target 2: 460
Stoploss: 434
