Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
The big upside move yesterday in ZEEL ended up closing the day with it's resistance breakout.
The further targets are marked in the pic at app 307 & 402.
Though due to the big price move yesterday leading to a such a big candle, the Stop Loss seems to be quite big.
This also leads to a probability of stock going sideways.
Hence, it will be prudent to wait for...
As we can see zeel gave a fake breakdown and closed above resistance again
Also we see zeel gave good returns during last 2 bullish divergence, so we can expect good move again for 10%
Buy ZEE Future At 174-175
SL Will be 170.
Target - 184.
Tarde is contra trade after a big fall Zee will again test his Bollinger band middle band.
After making a new Low today zee is closing higher which shows buying Interest is emerging in zee.
Which indicated a bounce back.
Wait for the confirmation and buy tomorrow.
If closes above 170 today then only...
Multibagger media sector stock , ZEEL have potential to move from @cmp to it's last all time high.
Can be move from 200 price range to 600 plus price range on coming year.
This fact no one will disclosed. Retailers will get know when stock will be 300 or 400 price range by through news channels.
Now it's your choice. You can ride from the beginning or wait...
Zee entertainment has made a CUP n Handle (Yet to breakout). Also at bottom of Major Up-trending Channel.
Technical Breakout is nearby. Possibly Upwards let it retest and BUY.
Short Interval target would be 290. or upto 320.
Fundamentally the company has reduced Debt. and is still held by a lot of Major Portfolios.
For e.g. We did watch in past months , due to...
ZEE ENTERTAINMENT LOOKS GOOD BUY IF CLOSES WEEKLY CANDEL ABOVE 261. STOCK WAS IN A DOWNTREND SINCE 2018 FINALLY A BREAKOUT AND A CONSOLIDATION EXPECTING GOOD RETURNS IN FEW YEARS . TARGET OF 600 CAN BE ACHIEVED WITHIN TWO TO THREE YEARS. PLEASE LET ME KNOW HOW WAS THE ANALYSIS:)
#87 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
Leave a comment that is helpful or encouraging.
Zeel is taking constant support at 210-217 levels.
Considering buying at these levels for a potential targets of 235, 245, 260
Maintain a sl of 204 ( below 200 ema)
A 3 year long trendline has been broken in Zee Entertainment Enterprises Ltd. ( NSE:ZEEL )( BSE:ZEEL and we have a potential multibagger trade on our hands.
The stock has been facing resistance from the trendline since April 2018 i.e. 3+ years and has broken this in the past few weeks.
It is currently at a very crucial level and a breakout from this level will...
#63(GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know.
Leave a comment that is helpful or encouraging. Let's master the markets together .
#59(GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also linked my views on stocks which on the verge of breakout BELOW.
Leave a comment that is helpful or encouraging....
after analysing whole chart i found that it has made symmetrical triangle and may fall to next support which is 176.24
i will update after completion of this target
thanks.......
There are many things we spotted in this chart.
1) Price is moving in a parallel channel.
2) It has also formed a flag pattern.
3) Touched FIB 61.8% level.
4) Currently in the demand zone.
Breaking of the flag will hint at an upward movement. We have given you all the possible outcomes in case of a breakout.
Educational purpose only - kindly do your own...
