ZEEL trade ideas
ZEEL Support / Resistance levelsZeel has taken a support level Near its trend line, If broken we can see 200, 185 levels, Maintain averaging strategy.
Above mentioned levels are for Educational purpose only
Trade after your own analysis
Bullish crossover AND CROSS SUPPORT ZONESTOCK MAKE BEARISH CROSSOVER AND BREAK ITS SUPPORT ZONE . IT CAN BE SELL WITH SL OF 242, TARGET OF 194, 173
#ZEEL is ready for shortingA Rising wedge pattern has formed in NSE:ZEEL
DISCLAIMER : This is just for educational purpose....
ZEEL is at good consolidation#ZEEL is at good consolidation level and either side #Breakout will give a good return
Zeel Swing Analysis - Cash levels - Holding Period 4-5 days CMZeel Swing Analysis - Cash levels - Holding Period 4-5 days
CMP 215.65 buy for target 225- 235- 250- 260+
SL below 200 candle closing basis (1 hour chart)
Watchout ZEEL! Make or Break situation...ZEEL @ a very crucial support of 215; the stock has taken support from this level many times.
If the overall market is bullish tomorrow; the stock can retrace back (0.382) to the levels of 225-230.
Also, i am not considering 215 as a strong support only because of the strong demand zone, but also due to the support provided by 50EMA & 200EMA in multiple timeframes.
ZEEENT, WAIT FOR BREAKOUT Break-out expected mostly UPPER-SIDE at T1 230 & T2 at 238 but wait for breakout.
If breaks out at LOWER-SIDE T1 will 208.
ZEEL, MAKE OR BREAK SITUATION FOR MONDAYZEEL had super bearish day on Friday & it closed on support level (both horizontal & trend line).
ZEEL is weak below 212 (more probable)
ZEEL can move above 220
Thanks
Piyush Gupta
Learn & Earn
Zee - Back in its channel!Zee tried to breakout of its channel but failed. Good try though!
It's now sitting on a good support near 215-210. If broken, one can look to re-enter at 200 or 185 levels.
Watch for a breakout or swing opportunity in ZEEL Watch for an intraday breakout opportunity or if it reverses from the support then swing opportunity.
*only for educational purpose
