Zeelentertainment
ZEEL | Fall Expected | Exit at 251I'm not holding ZEEL
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
ZEEL has Sky-High WillAccording to previous price movements, i have found a ABCD pattern in Zeel’s Chart. And that is a very good sign of Uptrend.
As the pattern & Fibo ratio indicating, Price should reach to Around Leg D.
Though there can be seen some up & down movements between Target 1 to Target 2. But it would be a pullback of Impulse that is in price nature.
Buying Level has already activated. See the chart for my study & Possible Targets.
For Entry & Exit use Daily Timeframe.
Part 2: Is zeel preparing for a bull run?
Zeel Is Sitting On The Ticking Bomb!
Did you read the previous report of MCX Gold? If not, click the below link to read it.
- Is zeel preparing for a bull run?
Zeel has concluded a corrective structure and started an impulsive wave. The price is about to cross the recent high of 362 , but there is resistance.
Breakout traders can enter after breaking the high of 362 , and reversal traders can wait for a pullback, and they can enjoy the big move.
Invalidation: please note that pullback can't be lower than wave C .
Further, I will upload intraday (15 min and 1-hour chart) to make a setup on zeel.
swing zeel Enterprises Ltd. with a target price of Rs 200. The current market price of Zee Entertainment Enterprises Ltd. is Rs 183.35.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 1808.56 Crore, down -8.86 % from last quarter Total Income of Rs 1984.39 Crore and up 35.13 % from last year same quarter Total Income of Rs 1338.41 Crore. Company reported net profit after tax of Rs 208.77 Crore in latest quarter.
ZEEL next week TargetsNSE: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.
📡📺 Zeel 🎯NSE:ZEEL
Zeel at crucial level if break then might go up and if get resistance at current PRZ then might go down.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.