Zee Entertainment has been trading within a parallel channel. Once can look forward to buy at CMP and on dips upto 505 for a target of 625/700/760. SL below 485 is recomended
The stock has been consolidating in a tight range recently. Notice the convergence in the Bollinger Bands, suggesting a potential "squeeze". The price has also bounced off the lower line of the trend channel, which is another positive sign. This stock is in my watchlist.
