I know that promoters have been selling their stakes, I know the cash flows were not so good, but hey, its Zee!
So, looks like on a weekly time frame this stock has gone in for a long cup formation. May be in a year or two it will complete the cup and then BO can come. I am bullish on this stock at least till 2023 (U know why) then possibly for another 5 years, who knows :)
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)