Stock at good support zone with 2 Years of consolidation at the bottom along with high volume
High probability of reversal.
Good to go long above 20.50.
T1 30.45
T2 42.20
SL 11.50
ZEE LEARN WEEKLY Chart shown technical indication bullish from current cmp 12.85
1.>Strong trend-line support seen at 12.12.85 level for potential 20.30 % target 17-80-20 level,
breakout above 20 can seen level 24-28
2> Support and resistance define on chart buy arrow marker
3> rsi seen OVERSOLD area where stock has tendency to bounce back .
BUY ZEE LEARN @...
Hi Guys, a very nice buy setup is forming in Both of these zee companies Zee learn and Zee media. I think Zee learn has better price to buy than media. but both of these stocks are showing very high probability of upside. Zee learn has already very nice buy setup forming. Try to enter with your strategy with proper risk management in mind.
ZEE LEARN ..intraday setup as on 28/01/2022 ..Cause of sign of trend reversal seen after stock corrected from 20 sub level to around 14.50-15.50 level ..currently at Fibonacci retrenchment 50% from low to high and last few session trend reversal sign seen. on 15 min chart stock trending now at higher high and higher low channel . volume also seen increase last...
ZEELEARN selected as Positional pic of new year 2022 Due to strong bullish technical indicators on daily chart, stock has strong breakout with good volume in last trading session. upper channel breakout clearly seen on the chart. ! one can buy the stock at cmp @15.35 for potential 10-20 % upside target in 8-10 trading sessions.
Bullish Technical Indicators
1....
NSE:ZEELEARN .
STOPLOSS -14 .
Ride a trend until it closes below previous market structure or previous weekly candle low.
Fundamental news.
Some positive deal happening between Byju's and Zee learn, That Byju's Acquiring majority stake in ZEE learn.
ZEELEARN share is downtrend from June 14 to till date as you seen in the chart.
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There is trendline which is showing that share is going down on every day from June 2021.
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Now as you see there is BREAKOUT on last trading day.
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But we wait for the confirmation, so you can buy the trade once it reach 14.
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Our First Target is 20.
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👉 What's your view on this...
NSE:ZEELEARN Trend - breakdown with retracement. A company with good fundamentals and an industry booming in India. A target of 25/35 very much possible in next 12-18 months.
Views are for educational. Not a recommendation.
zeelearn now made w pattern and now reversed in neck line and previous support zone in fib trend it go near price 28 last resistence area.
target 1- 22.85
target 2-27.75
target 3-32.75
