No Hopes for Zee Entertainment, It's Sell On Rise with TP Rs 13?
Since, 2008 a decade long bull run all time high was 619 in Jan 2018.
After that reversal and give up all its gain in covid crash March 2020.
It was almost down 80%.
Covid stimulus rally & the Big Bull Entry before Sony merger news lasted in Dec 2022.
Now, merger deal out of table.
What Next?
Is there any news flow being planned to bounce back?
Or just it is going to become a next penny stock in this media competition era?
Chart is to show a negative forecast depended on current news flow. It’s Sell on Rise with Target 13.55.
Disclaimer: Analysis & View are personal and educational purposes only. Trade at your own risk. We recommend consult your financial advisors and do your own analysis before taking any trade. Profit and Losses are subject to your own risk management and constantly changing market conditions.
After that reversal and give up all its gain in covid crash March 2020.
It was almost down 80%.
Covid stimulus rally & the Big Bull Entry before Sony merger news lasted in Dec 2022.
Now, merger deal out of table.
What Next?
Is there any news flow being planned to bounce back?
Or just it is going to become a next penny stock in this media competition era?
Chart is to show a negative forecast depended on current news flow. It’s Sell on Rise with Target 13.55.
Disclaimer: Analysis & View are personal and educational purposes only. Trade at your own risk. We recommend consult your financial advisors and do your own analysis before taking any trade. Profit and Losses are subject to your own risk management and constantly changing market conditions.
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