On Daily timeframe, according to bollingerband strategy Zeel looks like to sell with condition of three days range breakout to downside than it will be good to short below 271 stoploss must be greater than 288 on 1 hour timeframe and targets are : 248, 236 and ul;timate is 208.
Use proper risk reward this is my analysis. I trade also same.
#ZEEL trading 300 formed bearish pattern,
yesterday trading our retracement level,
we can sell@300 and tgt for 280,
positional tgt 270 and
follow SL 307.5 closing basis
#ZEEL trading 258 formed bearish patern,
yesterday trading our retracement level,
we can SELL below 257 and tgt for 250,
posistional tgt 242 and
follow SL 262 closing basis
