ZS Daily projection

٤ مايو ٢٠٢١

In all likelihood, ZS will close down at end of the day. ZS failed to hold resistance at 1574-1563 on the retest. It will find sellers to test the LWO and close once again. If it fails, a resurgence is likely around the congestion zone of 1538-1515. We will most likely follow the gap fillers at the market open and wait for the test of LWO to take profit and reassess accordingly.

LDO= Last Day Open,
LDC= Last Day Close
LDH= Last Day High
LDL= Last Day Low