ZEEL in triangle consolidation

ZEEL is forming continuous HL (Higher lows) for 50 trading sessions, and in a triangle consolidation with 3 hits on the resistance line.

Entry : On strong breakout from the triangle
Exit : If breakout is invalidated
Target : Exit at 15%, follow strict SL due to below Cons mentioned

Pros : Low Dept to assets ratio, revenue marginally above expectations continuously, consistent dividend yield
Cons : Income below expectations continuously, very low below its all time high for more than 4 years, PE above SUNTV scrip
Note : FIIs lowering their stake, and DIIs increasing their stake, continuously

Since the fundamentals & financials are not strong, not preferred for long term positions. Just analyzing for breakout gains.

Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.