Is zeel preparing for a bull run?关于NSE:ZEEL由forextidings提供

trendanalysis elliottwaves fibonacci zeel zeelelliottwaveanalysis zeelanalysis nseindia nsetips nsetrading zeelbuy zeeltrendanalysis containsimage

ZEEL is forming 3rd impulsive wave. Wave 2 has taken a reversal from a 61.8% Fibonacci ratio.

If zeel is forming wave 3, we should at least get a 161.8% extension of wave 1.

Target 1:390
Target 2:362
Target 3:335

Invalidation: Wave 2 can never overlap the starting point of the wave.

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Zeel has reached the first target of 335 and made a high of 356.

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Comment: Zeel has reached the second target of 362.