Z

ZEEL.NSE

ZEEL

Short-term

Nifty50

Equities

1 month ago

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ZEEL has triggered a bullish reversal with an Inverse Head & Shoulders breakout near ₹86–87, supported by strong volumes. The setup indicates improving momentum and potential upside continuation.RSI above 61.5 strong uptrend continuation. Trade Levels: Entry: ₹86–₹88 Targets: ₹95 / ₹100–₹102 Stop Loss: ₹82 (closing basis). Outlook: Bias remains positive above ₹85, with scope for further upside on sustained buying. A failure to hold breakout levels may result in short-term consolidation.

ZEEL has triggered a bullish reversal with an Inverse Head & Shoulders breakout near ₹86–87, supported by strong volumes. The setup indicates improving momentum and potential upside continuation.RSI above 61.5 strong uptrend continuation.

Trade Levels:

  • Entry: ₹86–₹88

  • Targets: ₹95 / ₹100–₹102

  • Stop Loss: ₹82 (closing basis).

Outlook:
Bias remains positive above ₹85, with scope for further upside on sustained buying. A failure to hold breakout levels may result in short-term consolidation.

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Posted by

NIKHIL KISHOR GAMBHIR

Moderator

1 month ago

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