10/05/2021 Research Report For ZEELBuy @ below 190 or max 192
Sell Target 1 :- 200
Sell Target 2 :- 202
ZEEL trade ideas
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)
Zeel The stock is in the critical zone may it can just break down or else it can fly (My view it can fly because the took media sector looking bullish )
Note: 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 , 1 D , About to give breakout, positional 40% possibleZeel on daily & Weekly chart about to give breakout.
All short-term targets and SL already marked on the chart.
RISK:REWARD = 1:6+ for long term positional .
All analyses are for educational purposes only.
Zeel - Falling wedge - breakout Price formed a wedge pattern in 4 hours chart and it is going to breakout in the coming session. One can expect good up movement after the break.
WATCH ZEELWatch ZEEL in the coming days, it has been holding on to the ascending trendline and getting a test at the descending trendline as well. If it breaks the descending trendline it can catch 200-225 levels
ZEEL may move towards a Break-Out Please do your own analysis before taking any trades. This is shared only for learning purposes.
ZEELTime to Buy Zeel.
Cmp-182
SL- 176 Below Closing Basis.
Target-245-265
Time Frame- Till June.
Get Ready Bulls ..
It's Showtime In ZEE .
[Positional] Zeel Channel Bet
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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