zeel trend changer level at 589 as per time analysis 12 april is gann pressure dates and we can impulse move on this dates stock once break 580 and close below levels can test 572-565-555 zeel weekly LEVEL ARE GO LONG ABOVE 590 TARGET=598-603-620 STOPLOSS=582 GO SHORT BELOW 580 TARGET= 572-565-555 STOPLOSS=589
NSE:ZEEL is going through a double bottom pattern. Double Bottom is a bullish trend reversal chart pattern formed after good bearish price move. MACD (15,50,9) as well as Stochastic Bullish divergence both are giving a buy signal as well. Go Long for a target of 597(t1) & 618(t2). Maintain a Stoploss of 558 (SL).