ZEEL 1 Day Time Frame

123
📊 Daily Technical Levels:
Pivot Point (CPR): ₹111.39
Support Levels:
S1: ₹109.43
S2: ₹107.44
S3: ₹105.48
Resistance Levels:
R1: ₹113.38
R2: ₹115.34
R3: ₹117.33
These levels are based on standard pivot point calculations and are useful for identifying potential reversal points.

📈 Market Sentiment:
The stock's recent performance has been influenced by factors such as a 14% year-on-year decline in revenue and a 16% quarter-on-quarter drop, primarily due to reduced advertising revenue.
Reuters

⚠️ Conclusion:
The current technical indicators and market sentiment suggest a cautious approach. Traders should monitor the support and resistance levels closely and consider the broader market conditions before making investment decisions.

Penafian

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