Perfect Ascending triangle pattern formed.
Unfilled Gap @ 235.35
Double Top.
Taking support on Trendline.
Hault @ Resistance.
will be bullish once sustain 221 till Gap was filled.
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...
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...
NSE: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.
ZEE daily chart showing break out with volume. It can easily achieve 267-290 levels in coming sessions.
222-214 is immediate support range so SL for long should be 213.
![ZEEL: Trade Setup | ZEE ENTERTAINMENT | INTRADAY/POSITIONAL [15-12-21]](https://s3.tradingview.com/v/VoJvfg8g_mid.png "Trade Setup | ZEE ENTERTAINMENT | INTRADAY/POSITIONAL [15-12-21]")
