ZeeMedia - Reversing!

Updated
After taking good support at the price 30 ZeeMedia is trending up inside the channel. Volume does not support the uptrend, showing weakness. We can short at the price 40 with stop loss 40.80. Target is 38.5. If the trend line is broken chances are there to fall till 31.5. Happy Trading! https://in.tradingview.com/chart/QtD56IkU/
Note
Nearing the lower trend line. Will you break it tomorrow?
Note
First target hit!

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