ZEEL
ZEEL | Fall Expected | Exit at 251I'm not holding ZEEL
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an example of wealth destructionit made a destruction of wealth due to poor corporate governance
Corporate governance is of utmost importance in the functioning of any organization, particularly in the stock market context. Here are ten lines highlighting its significance:
Corporate governance ensures transparency and accountability in the management of a company, safeguarding the interests of shareholders and stakeholders alike.
It establishes a framework of rules and principles that guide decision-making processes, promoting ethical behavior and responsible business practices.
Effective corporate governance fosters investor confidence, attracting capital investments and facilitating economic growth.
It helps prevent corporate fraud, mismanagement, and conflicts of interest, reducing the risk of financial scandals and market manipulation.
Good corporate governance practices ensure that executives and board members act in the best interest of the company, aligning their actions with long-term sustainable goals.
It establishes clear roles and responsibilities for directors and management, promoting efficient decision-making and reducing the likelihood of internal disputes.
Corporate governance frameworks encourage board independence, diversity, and expertise, ensuring a balanced representation of different viewpoints and skill sets.
It facilitates effective risk management by implementing robust internal controls and risk assessment mechanisms, safeguarding the company's financial stability.
Strong corporate governance promotes long-term shareholder value creation and helps companies adapt to evolving market dynamics and regulatory changes.
In the absence of proper corporate governance, stock markets can become susceptible to market manipulation, insider trading, and other unethical practices, leading to a loss of investor confidence and potential systemic risks.
ZEEL Buy SetupZEEL Buy Setup
Attached: Daily Price Chart as of 29th March 2023
- Price has put in a 5 Wave Rise and also done a 0.382 Fib Retracement post that
- On Wednesday on the back of the Zee Indusind Bank News piece, Buyers stepped in
- A 3rd Wave appears to be playing out now on the Upside📈
Current Market Price= 216
Upside Targets🎯:
T1= 227
T2= 239
T3= 248
T4= 260
Stop Loss < 20 Day SMA
ZEE ENTETAINMENT - 72% RETURNS!!!BUY - ZEE ENTERTAINMENT ENTERPRISE
CMP - Rs. 215
Target - 1: Rs. 280
Target - 2: Rs. 372
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Comment: 1) Maximum Return - 72%
2) Target - 2 will be achieved in the long term.
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Technicals - 1) Harmonic Pattern indicating a bullish reversal
2) Targets set using Fibonacci Retracement and Gann Angles.
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ZeelNSE:ZEEL1!
Running news of merger with sony .chart have breakaway gaps with highest volume with previous weekly trendline and triangle breakout.
now again forming triangle on weekly trendline support area ,breakaway gap area with bullish butterfly, also having support of monthly inside candlestick low, and divergence on daily chart
Buy Zeel above 226.4 add more 218.80 with two days candle closing stop loss of below 200 target will 236.9-247-274-287++(short term )
mid term buy Zeel @ 226-216 two days closing stop loss below 200 target 287- 364-412
long term buy Zeel @ 226-216 weekly closing sl below 199 target 364-562
BOLO JAI GAJANAND
Zeel Stock: Buying StrategyZeel Long Buying Recommendation (with a fun twist)
Introduction:
Welcome to the most entertaining technical analysis report you'll ever read! This report aims to provide a technical analysis of Zeel stock, and a recommendation for buying the stock in the short term, all while making it fun and easy to understand. The analysis is based on the latest charts and indicators, and is intended for investors and traders who are looking to capitalize on market movements, and want to have a good laugh while doing so.
Background:
Zeel is an Indian Media and Entertainment company. The company's stock is listed on the National Stock Exchange of India (NSE) and is widely followed by investors and traders.
Analysis:
The Zeel stock has been in a range-bound pattern for the past few months, like a game of hide and seek, but recent price action suggests that the stock may be breaking out, like a cork from a bottle. The stock has been trading in a range between 220 and 223.70, and a breakout above 223.70 could signal a short-term trend reversal, like a snake breaking out of its cage.
The technical indicators are also pointing to a potential buying opportunity, like a lucky coin. The Relative Strength Index ( RSI ) has been trending higher, like a rocket taking off, and is currently at oversold levels, indicating that the market is oversold and may be due for a rebound, like a trampoline. Additionally, the Moving Average Convergence Divergence ( MACD ) histogram has crossed above the zero line, like a finish line, suggesting that the trend is gaining momentum, like a snowball rolling down a hill .
Furthermore, price action on the chart shows that the stock has reached a strong support level , like a safety net, and is showing signs of a potential reversal, like a U-turn , with bullish cand formation, like a smiley face.
Recommendation:
Based on the analysis above, we recommend buying Zeel stock if it crosses 223.70 levels, with a stop loss of 220 and a target 1 of 227.35 and target 2 of 230.50. This strategy aims to capitalize on a short-term trend reversal and capture potential profits as the market rebounds, like a boomerang.
Disclaimer:
It's essential to keep in mind that the market is highly volatile and unpredictable, like a weather forecast. Therefore, it's recommended to keep a close eye on the price action, like a hawk, and use stop loss and take-profit levels to minimize risk and maximize returns, like a superhero. It's important to conduct your own research and analysis before making any investment decisions, like a detective, and always consult a financial advisor before taking any action, like a lawyer.
Conclusion:
In conclusion, Zeel stock appears to be breaking out of a range-bound pattern, like a prison break, and may be due for a short-term rebound, like a bouncing ball. Technical indicators and price action on the chart also suggest a potential trend reversal, like a mind change. Therefore, buying Zeel stock if it crosses 223.70 levels with a stop loss of 220 and a target 1 of 227.35 and target 2 of 230.50 is a recommended strategy for traders and investors looking to capitalize on market movements in the short term, like a time machine. Don't miss out on our latest market analysis and recommendations!
ZEEL Long trade Initiated a long trade in #ZEEL as the price is near to support zone weekly level.
RR is very good at this level. Buy price is around 266 for a target of 300 with stop 250 (Weekly closing basis). All the levels are marked on the chart for reference.
Disclaimer : I am not a SEBI registered, please consult your FA before investing. Happy Trading!