the correction taken has over to certain level.
the script may start a rise from the CMP (or) the script may give a deep correction and then it may strat to raise.
recent quarter has shown a good results.
there are 2 possibility in impulse and one in corrective way nature. as of now we can go for the buy at CMP and we can average if the price come down....
2 ideas were emerged
1) it may be a triangle and gave a breakout and doing its retracement.
2) regular flat formation and C wave correction taking place.
i will try to upload the second view in below comment else i will post a different chart.
we have to wait for the triangle breakout and once the breakout has closed above the b wave in the triangle then it will be a conservative entry.... even if it break down we can accumulate in 100 zone and it will be a good supply zone. then we c expect a bounce back .
disclaimer: i'm not a SEBI advisor I share my knowledge for education purpose. before taking...
zeel is entering into a good buy zone... there is lot of chance for doubling for longterm.
accumulate as per your financial advisor ...
there is a chance for a hard hitting my be because of the fundamental facts.......
disclaimer. im not a sebi advisor. this chart is shared in the perspective of education view.