Hi Guys, a very nice buy setup is forming in Both of these zee companies Zee learn and Zee media. I think Zee learn has better price to buy than media. but both of these stocks are showing very high probability of upside. Zee learn has already very nice buy setup forming. Try to enter with your strategy with proper risk management in mind.
ZEELEARN selected as Positional pic of new year 2022 Due to strong bullish technical indicators on daily chart, stock has strong breakout with good volume in last trading session. upper channel breakout clearly seen on the chart. ! one can buy the stock at cmp @15.35 for potential 10-20 % upside target in 8-10 trading sessions.
Bullish Technical Indicators
1....
NSE:ZEEL
ZEEL Looks Bullish for me on weekly time frame and daily time frame.
As it taking reversal in weekly time frame and recent consolidation breakout on daily time frame
we can see if stock sustain above 179, can look for buy side.
I have market my targets for coming days.
ZEELEARN share is downtrend from June 14 to till date as you seen in the chart.
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There is trendline which is showing that share is going down on every day from June 2021.
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Now as you see there is BREAKOUT on last trading day.
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But we wait for the confirmation, so you can buy the trade once it reach 14.
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Our First Target is 20.
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👉 What's your view on this...
Zeelearn
Cmp - 17
Stop - 10 on DCB
Expectation -
T1 - 40
T2 - Open, Review at 40
Expected Holding Period - 160 trading days or earlier for T1
View:- Investment
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
#ZEEL
NSE: ZEEL
Short Term Quick Profit
CMP 230.40
Target 260
SL : 214
Timeframe < 45 Days
Can hold for longer time
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are...
Looking at the chart, It looks like entry price. RSI is indicating over sold position and moved ahead from its low on daily chart. On monthly chart we can notice positive divergence which indicated some positive is going to be happen. Risk taker can expect 30% to 40% price retracement from its low.
looking good for short term as well long term
Currently in Monthly and daily demand zone
Golden cross over formed
Highest market cap in education sector
PE ration 7 Vs industry PE 13 Undervalued
Share book value 15 undervalued
Invest only that much which you can afford to loose
Short ZEELEARN for a targets of 24.55, 24.05 with a SL of 26.8. Do not take this trade if it opens above 26.25
Disclaimer :
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for...
