ZEEL @ 98.80 LEVELS UPDATE
Stock is very beaten down. Now only one level to watch which is 94 spot levels if stock manage to hold this 94 levels on continues 1 to 2 days closing basis then consider that stock has already formed bottom or about to form bottom and it can now start its new bull cycle.
NOTE: if stock fail to hold 94 spot levels on continues 1 to 2 days closing basis then the correction in the stock not yet over and we have to review it again after few weeks. So understand the importance of 94 spot levels here on closing basis.
Stock is very beaten down. Now only one level to watch which is 94 spot levels if stock manage to hold this 94 levels on continues 1 to 2 days closing basis then consider that stock has already formed bottom or about to form bottom and it can now start its new bull cycle.
NOTE: if stock fail to hold 94 spot levels on continues 1 to 2 days closing basis then the correction in the stock not yet over and we have to review it again after few weeks. So understand the importance of 94 spot levels here on closing basis.
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