ZEEL DAILY CHART
Ellipse breakout @ 277-281 Target 324
This stock has witnessed an ellipse breakout @ 281 levels, Target projected by MOB as seen
MOB is an calculation of technical study.
Its only an observation & not any suggestion.
Intraday Trade
Zeel Looks Good ABOVE 271
SL 240
Target 278.20-286.75-295.25-320.75 points from entry
Please consult your financial advisor before investing
All research is for educational purposes only.
FWB:NSE : ZEEL Buy above INR 267 TGT 276 287 SL 255
Sell below INR 253 TGT 245, 230 SL 267
Description:
This trading strategy is being shared for educational purposes and to illustrate a potential approach for trading NSE-listed stock ZEEL (Zee Entertainment Enterprises Limited). It involves setting buy and sell conditions, price targets, and stop-loss levels...
ZEE ENTERTAINMENT ENTERPRISES LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Bullish Flag Pattern.
📊 It can give movement upto the Reversal target of Above 275+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 390+.
📊 Can Go Short in this stock...
Wizard Levels/Zones
ZEEL looks good for swing 1:4
>Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below then SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT.
> If you're following these zones then kindly follow the rules too. Risk management, and Position sizing.
> This is my perception of the...
A stock which is a pale shadow of its past, plagued by promoter´s greed.
However, the price broke out above it´s multiyear downward trendline, and taking consistent support near the decadal support region of 163 - 175.
After the recent upmove, key to watch is if it can continue to trade above the 265 - 275 levels for making any shortterm bets. Longterm looks...
Zee entertainment Ltd, if the fundamentals are good then this stock is near its bottom.
This is not a trade/investment recommendation, pls ask your fin. adv. for any buy/sell activity.
Regards
short-term trend a little move can be caught the trend is changing.
remember the stock is in the news but its business is good.
swing traders or short-term traders can look forward to it.
the bold black line can be the stop loss target can be the red line above that trail your stop loss strictly
Wave 1 is a complete 5 wave sequence structure and Wave 2 has retraced Wave 1 by more than 80% and less than 100% which suffices the rule of Wave 2,
Now we sure about the Wave 3 touching the Fibo Golden ratio level of 161.80% a per the Elliott Wave rule for Wave 3
We have a 6 month latest Demand formed to define our Risk and the Fibo level has give us the...
ZEEL currently in uptrend in daily & weekly TF
making higher highs currently
respecting curve trendline support & near the support currently
near the last demand zone
good chance of bounce from current levels with small stop loss and big reward.
