ZEEL going through Double Bottom pattern

30 Mar 2018

ZEEL is going through a double bottom pattern. Double Bottom is a bullish trend reversal chart pattern formed after good bearish price move. MACD (15,50,9) as well as Stochastic Bullish divergence both are giving a buy signal as well.
Go Long for a target of 597(t1) & 618(t2). Maintain a Stoploss of 558 (SL).

2 Apr 2018

Trade aktif

Bought ZEEL @574.75

3 Apr 2018

Trade aktif

reached 581