vanathi

ZeeMedia - Reversing!

Short
vanathi Mod Updated   
NSE:ZEEMEDIA   ZEE MEDIA CORP
4
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/
Comment:
Nearing the lower trend line. Will you break it tomorrow?
Comment:
First target hit!

Roles I play here : Author, Analyst & Moderator.

Free Telegram Channel. t.me/Analysis4Newbie
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.