ZEEL trade ideas
ZEE: SELL Rs 145.Great Wall of China
Looks like MotaBhai not interested right now.
It can cross the Great Wall only with some big announcement, dont have much faith on next few quarters earnings.
Zeel Buy candidateBy Loooking at zeel Charts Seems Like another 10 Points Movement can be seen as per data..Just for educational Purpose
THREE WHITE SOLDIERS - ZEELZeel has bounced back and probably should rise ahead (indication of 3 Bullish candles). Indicators showing buy signals for long and short term trading.
Almost breached the Resistance and can expect an uptrend.
ZEE ENT. BUY CALL FOR SWING TRADERAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
A strong momentum in in ZEELZEEL is showing a strong momentum. Once can go long for positional trade.
bullish bat pattern in zeel weekly viewzeel has given close on multi year support area. both in weekly abcd pattern and xabcd pattern it is looking bullish. aggressive buyers can take long positions at
cmp and normal buers can take position after 171. remember this is a weekly chart and decisions to be taken on closing of a candle on weekly basis.
[Buddha] ZEEL Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
zeel looking good long zeel if it stays above 152.00 with a stop of 148. for the target 160. if it breaks short for target of 138.00 sl 152.50
ZEEL long rallyZeel under a formation, yet pending which targets around 231 which will finish the pattern and gives another deep correction till 185 to 158 as T1 and T2
#Zeel cash : Looks good resistance 161..#ZEEL CASH
11.08.2020
STRONG RESISTANCE @ 161..
Sustain above it
can go 168-170and 185 levels.
Current Price 159.75
Zeel has some strong buyers!Zeel is a high beta stock. In the past few sessions, few strong bullish candles have shown that buyers have entered the stock and are taking all the supply, in order to move the price higher. Various technical confluences have been taken into consideration, including breaking over previous pivot high, price respecting the 21 day exponential moving average(EMA), price sustaining and closing above the resistance. These all indicate the underlying bullishness in ZEEL. A certain aspect, which I think, should have been there, is the accumulation zone, or stage 1 of wyckoff. Accumulation zone is a very strong confirmation that strong players were absorbing the supply as the price came down and hence pushed the price up. Without an accumulation zone, price may retrace down. But as the price has sustained above the resistance in today's session, I am pretty confident in terms of this stock's bullishness. If volatility is on the higher side, then naked call can be done, but if volatility is relatively low then 150 CE can be bought and 170 CE sold. For futures or cash, I will enter on a 5 minute chart, with pullback strategy, wherein, I will wait for price to come back towards the ema, or near the resistance-turned-support or Fibonacci levels of 50% and 61.8%. The above strategy is my opinion and it doesn't mean that I suggest you to carry this trade without any risk management.
Target of 165.9. SL according to risk management. This is an educational post and all the opinions provided above and on charts are simply speculation. Nothing is 100% in market.
Consult your financial advisor before taking trades.
I do not recommend taking trades according to my analysis as you may incur loss, for which I am not responsible.
Trade carefully
Grateful🙏
