20% roi posible
Zeal Aqua Limited (4H Chart Analysis)
Current Price: ₹12.90
Key Levels:
Support Zones: ₹12.21 | ₹10.21
Resistance Zones: ₹12.32 | ₹15.77 | ₹18.45
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Pattern Explanation:
Double Bottom Pattern:
Chart par ek double bottom formation dekhne ko mil raha hai, jo ek strong bullish reversal pattern hota hai. Price ne do baar lower support zone (₹10.21) ko test kiya aur wahan se reversal dikhaya.
Is pattern ka breakout ₹12.32 ke upar confirm hota hai.
Breakout ke baad price ₹15.77 aur ₹18.45 tak ja sakta hai.
Moving Average Crossover:
Price ne 200 EMA ko tod diya hai, jo ek aur bullish confirmation hai. Long-term resistance tod kar price uptrend mein jaa sakta hai.
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Trade Setup:
Entry: ₹12.32 ke upar breakout ke confirmation ke saath.
Stop Loss: ₹10.21 ke neeche.
Target 1: ₹15.77
Target 2: ₹18.45
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Volume Analysis:
Volume me gradual uptick dikh raha hai, jo breakout ke liye zaroori hai. Agar volume high rahe toh breakout sustainable hoga.
Risk-Reward:
Chart ka risk-reward ratio attractive hai. Stop loss tight rakhein aur targets logical levels par hain.
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Conclusion:
Ye setup short-to-medium term ke liye bullish hai. Double Bottom pattern aur 200 EMA breakout strong signals de rahe hain. Entry lene se pehle breakout confirm hone ka wait karein aur apna risk manage karein.
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Note: Ye analysis purely technical hai. Apni risk appetite aur market conditions ka dhyan rakhein!