zee entertainment ltd.
Ignore the color of the candle for a minute.
The stock will try to hold it`s channel support levels which is at 165, but if it breaks these levels it can fall further to 153-146 levels. One can see a downward flag pattern formation happening in daily timeframe which is already inside a channel pattern. Earlier the stock has retraced from 50% Fibonacci levels but at the same time has breached the 61.8% levels along with good volumes.
Trade accordingly
The stock will try to hold it`s channel support levels which is at 165, but if it breaks these levels it can fall further to 153-146 levels. One can see a downward flag pattern formation happening in daily timeframe which is already inside a channel pattern. Earlier the stock has retraced from 50% Fibonacci levels but at the same time has breached the 61.8% levels along with good volumes.
Trade accordingly
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.