DOUBLE bottom , channel long TRENDLINE Breakout LONGBIG DOUBLE Bottom breakout and channel breakout then long Trend line break out... diffently get huge profit .
ZEEL trade ideas
ZEEL REVERSAL LEVELSDAILY CHART REVERSAL, LEVELS OF ZEEL. TARGET AND SL YOURS BECAUSE OF CHOPPY MARKET THESE DAYS
ZEEL SHORT The stock has been in an obvious bear market for a long time. The strategies to trade the stock would be to sell on rallies.
The parallel channel in purple presents an area of value and is the upper level of the general down trend. Shorting at this level will present the best entry.
SL near previous swing high.
Target @ previous swing low.
ZEELIm not an expert im just sharing my views on ZEEL for today
Im not responsible for any profit or loss this is not a recommendation
Zeel AnalysisZeel is at the possible breakout stage of a monthly trendline in daily as well as 1 hourly time frame.
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Reason to Buy:
1) Healthy 'W' patten break out.
2) Buyers dominance at lower levels.
3) Monthly trend line break out.
4) Increased volume levels.
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Best place to enter at 225.00.
SL should be at previous support i.e near about 215.50.
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PS: Stock is known for wild momentum in the past.
ZEEL On LONG | SWING | SHORT-TERMBuy above 224 on hourly candle closes, SWING target of 243 on short-term 335..
A walk Through the chartWeekly chart representing the Price action. Just walk through the chart, to understand.
ZEEL, READY FOR EXPLOSION? (CHART# 312)ZEEL has closed very close to important trend line which is running since Feb'19.
Above 225.5 it can explode. It has minor resistance at 228 which once crossed can help this reach new high.
ZEEL has always been crazy stock and once it does breakout, it give crazy moves. MUST HAVE ON YOUR WATCHLIST.
Watch my other idea on JUSTDIAL & previous picks to learn simple price action based trading.
Thanks
Piyush Gupta
ZEE ENTERTAINMENT ANALYSIS AS PER WAVE THEORY
5 Wave upward Impulse complete and correction is onn; we need to verify the waves in the lower degree;
We have a confirmation of completion of impulse after the verification of the 5th wave of the upward impulse. This makes a WAVE 1 of the Higher Degree; and then forms the Correction which is a downward Zigzag structure and hence it makes the WAVE 2 in the Higher Degree,
Now starts the MOST AWAITED WAVE 3;
Here we have a Leading Diagonal and whenever there is a Leading Diagonal formed there is an Extended Wave which follows; so we have Wave 1 and 2 complete and now we have a Wave 3 which will be an Extended Wave.
Wave 1 of Wave 3 is complete and now Wave 2 which will be a 3 Wave structure here Wave A and Wave B are complete
And here is our Opportunity!!!
ZEEL may show a upmoveOn the verge of breaking its weekly downtrend line, last bullish candles were accompanied with huge volumes. Next Tgt could be around ₹300. Media sector also showing a breakout.
ZEEL IS LOOKING GOOD ABOVE 220Zeel is performing well even after recent correction. In PDS (previous day session) it again tried to break its recent high point(219). Looking at the strength its a good buy above 220 for target 229, 235
[Positional] Zeel Price Action ViewAgain I do not do breakout trades of this nature. So I will not trade this idea.
Zeel Short Term Trading Analysisa. Zone: Strong Bull
b. Resistance 1: 253.70
c. Resistance 2: 258
d. Support 1: 197.80
e. Support 2: 193.50
NSE:ZEEL
Go long on Zeel above 223Zeel is on the upward move buy above 223 cmp 223-224 target open SL low of first 15 min candle
Zeel- Double Bottom2 rounding bottoms combining with double bottom pattern and then consolidation near resistance level & 200 ema seems good.
Today's volume and closing gives a better sign tooo.
Keep an eye folks. Happy Trading.
ZEE UPDATE CHARTeveryone is bullish on Zeel but i am booking profit here will reenter if close above 218 with volume
ZEEL : Looking strongZEEL looking strong today.. got into a BTST sort of position .. finges crossed!
Intraday trade-- ZEELIntraday Trade setup for 02-sep-2020.
Levels mentioned on chart..
Comment your views..
Thank you,
Vishwajeet Sharma
