Friday, May 12, 2017

WEEKLY TECHNICAL VIEW ABOUT ZEEL FOR 15-19 MAY 2017


BUY ZEEL ABOVE 535 TGT 550/565 SL 510
After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 535 as the stock is managing to sustain above the level of 530. One may get the targets of 550,565 in the stock with the stop loss of 510. Primary trend of the ZEEL is bullish. first resistance level seen on  charts at 550.
DAILY CHART FOR ZEEL
UPCOMING RESULTS NEXT WEEK:

·         Bata India Ltd
·         Vedanta Ltd
·         Punjab National Bank
·         Tata Steel Ltd
·         Hindustan Unilever Ltd
·         Bank of Baroda
·         CESC Ltd
·         Grasim Industries Ltd

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