ZEEL trade ideas
Wave analysis ( Validation & Invalidation ) Hi Friends i have some efforts in Giving the Explanation o wave theory and how to forecast it
I was using Microsoft pro and before posting when i checked i noticed the error in forecasting arrow for final termination
Ignore it as the screen is small i got confused
My view is still same i am looking for final termination near 60 to 50 in-between , for now you can look for trading form 155 to 250 range
Good luck
ZEEL - At potential Breakout pointPrice tested demand zone , needed trendline and yesterday high breakout .. to push price to 196-198 zone.
ZEEL long setup2 Long setups (alternatives)
I. Buy on breakout retest at 185
With SL around 182
For target around 191
II. Buy support trendline of channel around 181
With SL around 179
For target around 184
(👆🏻Indicative levels, trade as per your own diligence)
ZEEL trading inside a channel 1Hr chart, consider scalpingenter only on support and keep sl just below the support
INTRADAY TRADE SETUP- ZEELIntraday Trade:-
Buy ZEEL on rising above Rs. 196 for the Targets of Rs. 200 and 203 ...
Stoploss Rs. 194.50 ....
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Thank you,
Vishwajeet Sharma
Strong buy: Zeel has been break out .......,.....BUY ZEEL IT IS GOLDEN OPPORTUNITY FOR TRADERS
TIGGER PRISE: 220RS
SL:185
zeelIt will go down and touch level 174
and then it will go up side and touch level 188.50 ( in 18 days)
Today date is (02/11/2020) rate is 183.30
Zeel has been break out sir good opportunity for tradersZeel has been break out so good opportunity for all traders target price :205 to 214 rs
Trade opportunity in ZEELBear flag pattern formation, higher likelyhood of breaking to the downside
Short below 176 on 4H close
Target: 155
