ZEEL trade ideas
looking for volume expansion aka breakout is going to happen The range of trendline is getting narrow hence i am looking for some expansion to the upside
long term opportunityhave a nice weekly trendline break along with a W pattern
trendline is broke and retesting forming a head&shoulder pattern
after forming this right shoulder it should probably start up move
currently the probabilities are it is starting to form the right shoulder
ZEEL Support Level at 176. Bearish trend continueZEEL price is below red kumo clouds and moreover support levels are at 175-176. Once it achieves 175 price level it will be a good time to load up since future resistance is at 200+ and company growth looks strong!
ZEEL intraday for 23/04/21intraday position for NSE:ZEEL
disclaimer: education purposes only and not for trades.
each line has its instruction.
ZeelZeel looks good add 70% at cmp and add 30% of capital at 192 if it comes ,forming parallelchannel pattern ,targets could be260,290
ZEELBuy 200
Initiate Long On @zee
#NiftyMedia is ready to Fire.
Game is On..
Hold it tight.
Long way to go for Bulls in Media Sector..
Zeel All key levels are mentioned in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
ZEEL -- on Major support - Break? On Weekly timeframe - ZEEL is standing on major support line and good possibility to bounce back.
However based on market trend incase breaks the trend line - good possibility of shorting.
Look out for 180 PE(5/-) or 220 CE (7/-)
Zeel breakoutZeel trend breakout good swing opportunity
Also Macd is giving sell signal on weekly time frame
ZEE short below 212.75 sl 221.50Zee if falls and stays below 212.75 for 15 mins can fall to 205 and 197 with stop @ 221.5
Crossed Supply zoneZeel crossed weekly supply zone, ideal buy at 230 expected 260+ in coming days.
Happy Investing..
ZEEL respecting trend lineZEEL appears to be respecting the trend line. The MACD hasn't given signal but this seems to be good to me. As always, ensure that you follow your risk management plan before taking any trade!
