AbhishekHSinghCMT
Long

Zee Media- Polarity Reversal zone 25-30 -an obstruction

NSE:ZEEMEDIA   ZEE MEDIA CORP INR1
109 9 2
Polarity Reversal Zone of 25-30 where zee media had support in 2008-2009 became a resistance zone in the year 2016. Zee Media beaten up badly in the year 2008. So could be stocked in one's portfolio once we cross into the zone likely 30- Can it move up-up & away- well time will let us know.
Trade active: 12:52 Hrs 19th Dec2016

Last Price@41

snapshot
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
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India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Hi abhi! i feel this is reversal up to 65-80 zone whats your view ?
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Yaa that could be the zone where Zee heads next- with important support zone between 14-16 area.
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AbhishekHSinghCMT TOP AbhishekHSinghCMT
Some Accumulation was going on when it was spotted for the first time below 30 marks
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it's breaking now...............
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Nice Candle
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KADAMBALASAHEB AbhishekHSinghCMT
will it now
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Likely you should watch Index as well where some correction is expected in that case -you should wait, but keep a watch on zee as well.
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KADAMBALASAHEB AbhishekHSinghCMT
thanks
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Welcome
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