It is been observed on daily chart that the price action breaks above the downward trendline indicating Buyers empowering over Sellers and now it shall further move up. Price action is still consolidating in a range of 430-460 levels.
Target 1: 450
Target 2: 460
Stoploss: 434
Trade active
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Trade active
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Reaching to Target 1. I believe it will come out as a big breakout from ZEEL
Trade active
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Trade closed: target reached
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Target 1 reached successfully. Now, looking for Target2. Regards
hi sir,zeel monthly closing is coming key level 444.70 level.monthly closing below this level seems to open up the gate till 370-80.what do u say?(this upswing hurdle 447.50-451)
NeeteshJain
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@sandy, I shall update you shortly. Thanks for the feedback.Regards