#Zeel (Cmp: 255.45)
Stock has formed bearish pin bar candlestick pattern (as on 15 Sept,2021) on daily chart. Bulls got trapped. Expecting a downside rally below support breakdown
As per candlestick
Resistance: 300
Support: 250
Buyer's if holding stock then keep caution and hold with strict trailing stoploss or exit at current levels (cmp).
Disclaimer: Above provided view & recommendation is posted for educational purpose. There is a risk of loss in investing or trading in securities (cash or futures or options) which you should be aware of prior to making an investment/trading decision, including the possible loss of principal. You are responsible for all investment decisions you make including understanding the risks involved, even if it is based on information. Therefore. before taking any financial decision you are requested to consult with a financial expert.
ZEEL - chart - 4730220