Zee Learn (Daily Chart Analysis)

$ZEELEARN 1. Pattern Identification Strong Cup & Handle breakout pattern visible. Long downtrend from ₹10.5 to ₹4.2 has been completely absorbed. Rounded bottom formation developed over several months. Price has now broken above the neckline around ₹7.00. 2. Breakout Zone Neckline Resistance: ₹7.00–7.05 Current Price: ₹8.09 Breakout already confirmed with a strong expansion candle. The stock is trading approximately 15% above the breakout level, showing strong momentum. 3. Measured Move Targets Cup Depth: Neckline ≈ ₹7.0 Bottom ≈ ₹4.2 Depth ≈ ₹2.8 Targets Target 1: ₹9.8–10.0 Target 2: ₹11.5–12.0 Extended Target: ₹14+ if momentum continues.