I hope you can now see how ZEEL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the...
Key Levels for SUNTV : INTRADAY CHART ANALYSIS
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Zee Entertainment Enterprises Limited (ZEEL - NSE) generated a buy signal on 28th May 2020. after studying the trend it looks like the stock is good to buy an hold for at least a week, i.e. till 8t June 2020. This stock has had a history of resistances and is now going to set a new one. NSE:ZEEL
Buy Zeel at cmp for the target of 160 (short term target). As we can see the stock was in a accumulation mode for more than a week. Institutions were accumulating the stock at lower level. It seems like they have completed accumulating the stock and its ready for a big upmove. Good price action + Good volume.