ZEEL is forming 3rd impulsive wave. Wave 2 has taken a reversal from a 61.8% Fibonacci ratio.
If zeel is forming wave 3, we should at least get a 161.8% extension of wave 1.
Target 1:390
Target 2:362
Target 3:335
Invalidation: Wave 2 can never overlap the starting point of the wave.
NSE:KOTAKBANK
#KOTAKBANK Shared today and bagged with 24K Per Lot
Other Levels shared and profit bagged are....
#JUBLFOOD Bagged 20K
#ZEEL Bagged 20K
#BANKBARODA Hits 2nd target and bagged 23k
#KOTAKBANK Bagged 24K
#DISHTV Shared yesterday and up by 3% bagged handsome profit
#OBEROIRLTY Bagged 8k
#BPCL Bagged 6k
Levels Perfectly captured and shared for FREE...
NSE:BANKBARODA
NSE:KOTAKBANK
NSE:JUBLFOOD
NSE:DISHTV
Check out few scripts shared and resulted today !!
#BANKBARODA Hits 2nd target and bagged 23k
#KOTAKBANK Bagged 24K
#JUBLFOOD Bagged 20K
#DISHTV Shared yesterday and up by 3% bagged handsome profit
and 5 more still trade not closed but 72k profit running.....
Happy trading !!
As we can see zeel gave a fake breakdown and closed above resistance again
Also we see zeel gave good returns during last 2 bullish divergence, so we can expect good move again for 10%
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.
EXPLANATION: This is a 1hr timeframe chart of ZEEL. The stock has been in a downtrend for days and has formed an inverted head and shoulders pattern. The stock gave a strong breakout and broke its supply zone with volumes and has retested the same. I am bullish on this stock for the coming days as the Media sector also seems bullish. I am expecting a target of...
ZEEL
NSE:ZEEL
Cmp - 202
Stop - 190 on DCB
Expectation -
T1 - 220
T2 - 240, Review at 220
Expected Holding Period - 40 trading days or earlier for T1
View:- Swing
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
ZEEL 1D Time Frame Analysis
-Price Making Higher High and Higher Low since April
-Price has almost touched the trendline and can see a bounce
Support and Resistance
- Major support is at 175- 180 levels
- Major Resistance is at 240 levels
- Minor resistance is at 210 level
- Minor Support at 200
TGT & Stoploss
- One can take entry around 200 for the...
A 3 year long trendline has been broken in Zee Entertainment Enterprises Ltd. ( NSE:ZEEL )( BSE:ZEEL and we have a potential multibagger trade on our hands.
The stock has been facing resistance from the trendline since April 2018 i.e. 3+ years and has broken this in the past few weeks.
It is currently at a very crucial level and a breakout from this level will...
I shared a buy call on ZEEL on 13 May 2021, triggered on 25 May. Target hit in on 03 June 2021.
Captured 9% in 9 days.
See, the given call on May in related ideas
It has potential to go further. Kindly see the chart for the targets.
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You can also check the below related trading ideas and my personal trade setups.
Buy above after breakout
Sell below after breakdown
Disclaimer : This is my view only for education purpose,
before taking any stock position take advise
from your financial advisor.
NSE:ZEEL
updated the charts few weeks before. The price action looks good for a swing with a target of 227
The levels are based on my personal analysis. safe players can enter after a daily close above 200. keep a logical Sl
The price broke out of the downtrend line with high volume and rallied out of the falling wedge. But it faced resistance at the previous swing high. The market structure is still bearish. For the market structure to become bullish, the price must move up from 200 level and create new HH and HL. The price has been forming a falling wedge pattern, which is a bullish...
