According to previous price movements, i have found a ABCD pattern in Zeel’s Chart. And that is a very good sign of Uptrend. As the pattern & Fibo ratio indicating, Price should reach to Around Leg D. Though there can be seen some up & down movements between Target 1 to Target 2. But it would be a pullback of Impulse that is in price nature.
Buying Level has already activated. See the chart for my study & Possible Targets.
For Entry & Exit use Daily Timeframe.
Komentarz
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Zeel is trading on given Buying Level @254.00. Trade can be initiated by Tomorrow.