ZEEL trade ideas
ZEEL breakout Trendline support more than 4th time in weekly timeframe
Failed to form lower low
Trendline breakout
Double Bottom
Good buying range above 203 with a candle close
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
#Zeel Weekly Analysis.There are many things we spotted in this chart.
1) Price is moving in a parallel channel.
2) It has also formed a flag pattern.
3) Touched FIB 61.8% level.
4) Currently in the demand zone.
Breaking of the flag will hint at an upward movement. We have given you all the possible outcomes in case of a breakout.
Educational purpose only - kindly do your own research
Good luck.
14% Profit Bump and Run Trend Reversal Buy at 191 or Below SL 181, Target 219
14% profit
RRR is 2.68 (Which is OK OK)
NSE:ZEEL
ZEEL -- trend reversing??Made rounding bottom and head and shoulder @ bottom in 15 minute chart
take trade after breakout only....
ZEE ENTERTAIN ENT - LongWait for breakout.
Its target I have shown in the picture. Thank You.
If you like this idea and this Analysis just please like this idea and leave a comment.
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose
ZEEL trendline breakZEEL has broken the trendline with good volumes which was being supported from March. This indicates a potential long swing trade.
Zee entertainmentStock under strong buy Zone at the weekly level. The daily RSI and MACD are bullish. The Weekly chart shows the stock Primary trend has started.
AT Channel baselinekeep it in your watchlist -logic explained in the chart itself-confirmation buy on channel breakout on a shorter time frame (yellow channel)
~for Educational purpose only~
ZEEL BREAKOUT FROM CHANNELKeep an eye on this stock
logic
1. Weekly trendline support
2.Channel breakout
3.Huge volumes
4. Very good R: R
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
ZEEL technical analysisZeel taken support from a strong monthly support with a breakout on downward trend on daily chart.. showing good buying evident from a MACD crossover.
This stock will rise according to technical analysis
But its just a personal view point..
Don't jump in without your own analysis..
Do your Analysis and set your targets..
ZEEL Parallel Channel | #LetsMakeMoneyTogetherBuy on the heavy Monthly supports and on the lower trendline of a good upward channel ....
ZEEL long ZEEL on support , we can take entry with SL of 6% and target of around 30%. Time - 30-60 days.
10/05/2021 Research Report For ZEELBuy @ below 190 or max 192
Sell Target 1 :- 200
Sell Target 2 :- 202
Zee Entertainment(ZEEL) - SWINGStock has taken support at year old TL. It can either take support at TL and move upside or come down to support zones of 173 levels before moving up.
Looks very good for swing however stock might spend few days near support zone before bouncing from there.
P.S. This chart was made on Thursday however I forgot to post it on TV. Friday session has also seen rise in volumes compared to last few days(Stock already rose 4 points on Friday)
