READY FOR BREAKOUT!! + HAVING GREAT VOLUME - ZEEL ENTERTAINMENT NSE:ZEEL BSE:ZEEL
❇️Clean breakout will happen on chart.
❇️ Great volume after long consolidation.
❇️ A good move can be caught above 151, as you can see on chart
❇️ achievable Target are 174-206. For shorts term view.. targets will be 230+
❇️ small Stoploss near 133. Below previous day low.(Logical)
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Zeelbreakout
Trade Setup | ZEE ENTERTAINMENT | INTRADAY/POSITIONAL [15-12-21]NSE:ZEEL
One sustainable breakout of 375 we can see a good upmove.
A positional trade can be made with target of 400 and intraday trade can be also made with target 1 and target 2 mentioned on the chart.
Please refer below chart for levels.
***************Please note this is my own study/opinion, it is not a trade recommendation**********************
Please Consult your financial advisor before making any investment.
Zee Entertainment on critical breakout level | POSITIONAL NSE:ZEEL
I am posting this as one of the follower on Twitter requested for it.
1) On weekly time frame we can see that it is having major breakout level range of 360-364.
Sustainable breakout of it will make it bullish.
Please refer below chart : 1 day Time Frame.
If it managed to give breakout of this range then we can see an upmove with short term target of 380 and mid-term target of 400 and 420 level.
But if it fails to sustain above 364 and faces resistance then we can see down move till 345 and 340.
Long term target will be 500-540 level.
ZEEL next week TargetsNSE:ZEEL
ZEEL Looks Bullish for me on weekly time frame and daily time frame.
As it taking reversal in weekly time frame and recent consolidation breakout on daily time frame
we can see if stock sustain above 179, can look for buy side.
I have market my targets for coming days.