#ZEEL: attractive outlook for long term
A stock which is a pale shadow of its past, plagued by promoter´s greed.
However, the price broke out above it´s multiyear downward trendline, and taking consistent support near the decadal support region of 163 - 175.
After the recent upmove, key to watch is if it can continue to trade above the 265 - 275 levels for making any shortterm bets. Longterm looks very attractive
However, the price broke out above it´s multiyear downward trendline, and taking consistent support near the decadal support region of 163 - 175.
After the recent upmove, key to watch is if it can continue to trade above the 265 - 275 levels for making any shortterm bets. Longterm looks very attractive
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.