The stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
SL is placed below major support zone and target is place near swing and channel high.
Note: As the market is under selling pressure, enter only after confirming a reversal
NSE:ZEEL
As You can see it Formed 2times Double Bottom Bullish pattern .Assuming Neckline level as 232.
We can consider this as positional trade and go long.
Entry: 233 SL: According to your Risk Appetite Target: 260(10%-11%)
Please Note : This is not an advice just sharing Idea, please do your technical analysis and trade.
ADD ZEEL 208/198 WE SEEN 228/248/260
IF CLOSE ABOVE 260 STOCK UP MIN. 10% TO 40%
NOTE : ALL VIEWS ARE EDUCATION PURPOSE ONLY.
LOW RISK TRADER DONT ENTER IN THIS COUNTER
In corona many stock bottom out and given huge return.
now time to add MEDIA STOCK on your portfolio .
WE SEEN SMART RECOVERY IN THIS COUNTER.
MIN. 20% TO 50%+
Note : all views are education purpose only.
clear downward trend in zeel, & nifty media is showing a strong downtrend signal... Go for shorting in zeel if nifty media market opens up in negative trend
Hi Traders,
We have a mixed opinion on this stock, but will definitely add to our watchlist.
The weekly chart shows that this stock has been in a downtrend since jun 2018, and price is forming a double bottom pattern which indicates the end of this downtrend.
The stock price is approaching key resistance point at 209.50, which came in confluence with the inner...
Hey everyone ,
Zeel has major resistance area on 200-205 as per our harmonic PRZ levels .
Short : 205
Sl : 225
Target : 185/174/165
Time span : 2 week Max
Hello guys, I come back with a new idea of Zee Entertainment
Scenario 1: If it holds above Control price then zee will likely moving toward level: 174 - 183
Scenario 2: If it cant break and holding below 165 level then we can see it at 154- 145 level possible so trade according to
Short it at 161
Scenario 1 is looking more strong
Thanks like and join now
