ZEEL has broken the upward-trendline and is ready for a downward move. Short at market price for a target of 270 and a stoploss of 285. For a confirmed downtrend, short at 278 when it retests the level for resistance. Views are welcome.
Key Levels for ZEEL are : t.me - JOIN TELEGRAM CHANNEL
Upper Breakout~316
First Target~323
Interim Resistance~331.20
Final Resistance~340
**Lower Levels**
Risky Sell Level~BELOW 304
Lower Breakout~294
First Target~286
Interim Support~275
Final Support~267.80
Please trade with caution and consult your financial adviser before trading....
Channel Breakout Trading-Break and Retest Support
1.Price broke the Parallel channel on 45 Minute Chart
2. Daily trend is down
3.Price has resisted from daily channel resistance
4.Price has next support 335
5. Risk Reward 1:3
Sell at 358-360
Stoploss 371
Target 340-335
