champtrade111

ZEEMEDIA - MULTIYEAR--BREAKOUT

Long
NSE:ZEEMEDIA   ZEE MEDIA CORP
ZEEMEDIA ON Monthly chart Seen MULTIYEAR TRENDLINE BREAKOUT current monthly candle is breakout Heikin Ashi green candle Stock will be strongly bullish from this level cmp 19.50 for upside 30-40%. TARGET 22-25-28 can seen 6 month time period on mid term.

TECHNICAL INDICATORS .
1. Multiyear trendline breakout
2. MA ADX turn green bullish
3. Bullish Rounded Bottom pattern
4. RSI Bullish, MACD above center and signal line

BUY ZEEMEDIA @ 19.50

TARGET 22-25-28 ( 6 month )

STOP LOSS 15

** COMMENTS FOR OR AGIANST VIEW WELCOME !

** THIS IDEA IS FOR EDUCATIONAL PURPOSE.. trade at own risk. !

HAPPY TRADING.!
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.