ZEEL technically looking very strong, it can move to 300 plus in no time. Detailed levels given in the idea.
Zeel breakout after long time on monthly chart .. 1 year trade below this zone 161 and today finally broke with highest volume Short term target 400++ sl 210 longterm target 600++ time frame 2 to 3 year Cmp 161 today 40% up
I am a beginner and trying to analyze the charts , lets see if my prediction goes well or not
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
Stock- ZeeL Entry price-174,176 Exit 188 It's going bullish for 1 week, If trend fall I notice you
Very likely to give 10-15% if breaks the channel, Good for swing should go long as 50 EMA(high - low) above 200EMA and a long green candle likely to give breakout
Try to see Sell Entry take entry based on your setup
Hi Traders, As you can see from the above chart ZEEL is range bound in weekly chart from Oct'20 and in day chart also it is range bound from some time. Currently ZEEL at strong support zone i.e. at Rs.170 . Based on how markets will open tomorrow (23-08-2021-Monday) we have to decide which type of trade we should take. If tomorrow, 1 hour candle is closed above...
The stock has broken down but found support near 175. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone. The target is placed based on fundamentals and previous swing high.
Zeel has formed a triangle pattern and trading at long term support 200. If broken can move at any direction violently.
ZEEL ON GOOD SUPPORT ABOVE 215 CAN GOOD MOVE IN UPSIDE
Zeel has Breakdown 15min TF Nice moment from somedays. But today sideways and closes after breakdown at 15min TF. Downtrending structure with LL LH. It is a conversion from positive to negative because LL LH formation has started from today. Area between 227 to 226 has a support but very close to 224.60 nice swing is here. So here after breakdown of 224.60...
Zeel has shown good strength and given a small breakout. On daily chart is has made a very bullish candle taking support from its 200 EMA. BUY - 214+ Target - 230 (1-3 days)
Zeel is looking bullish as on Parallel support. Major support is 175 If sustain above 190-195 it will touch 250 in coming days
Zee at currents is a good buy for 1 to 2 yrs point of view, for trading purpose above 200 can go to 220 levels.
Zeel is in an accumulation phase. Wait for retesting for long term investment at levels of 156.. 135..114 sl 114. Once it breakout 250 then it will increase the pace. Views are just for learning purposes. NSE:ZEEL
Go long on Zeel, breakout given from the previous downtrend/ Buy at CMP SL 182 for targets 205-210-220