Zeeltrendanalysis
Zee Entertainment: Symmetrical Triangle Formation Signals PotentZee Entertainment is currently consolidating within a symmetrical triangle, a classic chart pattern that often precedes a significant move. A breakout or breakdown in either direction is possible, suggesting the need for careful positioning. Traders are advised to remain cautious and await a decisive break above the marked level before entering any positions.
Tight risk management is key, with a predefined stop loss being essential for mitigating potential downside.
A strategic entry at the right level can yield a favorable risk-to-reward ratio.
Note: As always, disciplined trading with a tight stop loss is crucial in maintaining a strong risk management framework.
READY FOR BREAKOUT!! + HAVING GREAT VOLUME - ZEEL ENTERTAINMENT NSE:ZEEL BSE:ZEEL
❇️Clean breakout will happen on chart.
❇️ Great volume after long consolidation.
❇️ A good move can be caught above 151, as you can see on chart
❇️ achievable Target are 174-206. For shorts term view.. targets will be 230+
❇️ small Stoploss near 133. Below previous day low.(Logical)
👉🏻 @thetradeforecast 🇮🇳
Zeel Trading View: Bullish Momentum Signals Potential Breakout tZeel has been exhibiting promising signs of bullish momentum in recent trading sessions, hinting at a potential breakout above the 150 mark. This surge in momentum suggests a favorable outlook for the stock, with the possibility of a sustained upward trend towards the 180 level. In this analysis, we'll delve into the technical indicators and market dynamics supporting this view.
Technical Analysis:
Breakout Above 150: Zeel has shown resilience around the 150 level, indicating strong buying interest. A decisive breakout above this key resistance level could trigger further buying pressure and propel the stock towards higher price targets.
Moving Averages: The moving averages, particularly the 50-day and 200-day moving averages, are trending upwards, suggesting a bullish sentiment in the medium to long term. This reinforces the positive outlook for Zeel's price action.
Volume Analysis: Accompanying the recent price surge, trading volume has notably increased, indicating significant participation from buyers. Elevated volume during price advances typically validates the strength of the prevailing trend, enhancing the probability of further upside movement.
Relative Strength Index (RSI): The RSI indicator is currently indicating bullish momentum, with Zeel's RSI hovering in the overbought territory. While this may signal a potential short-term pullback, it also suggests underlying strength in the stock's uptrend.
Chart Patterns: Additionally, chart patterns such as ascending triangles or bullish flag formations may be observed, further supporting the bullish case for Zeel.
Market Dynamics:
Sectoral Momentum: Zeel operates within a sector that is witnessing heightened investor interest and positive sentiment. Favorable industry dynamics and company-specific catalysts could fuel further upside potential for Zeel.
Fundamental Factors: Fundamental factors such as strong earnings growth, favorable industry trends, and potential corporate developments could act as tailwinds for Zeel's stock price.
Conclusion:
With the stock poised for a potential breakout above the 150 level, Zeel presents an attractive opportunity for traders and investors alike. The confluence of bullish technical indicators, robust trading volume, and favorable market dynamics suggests that Zeel may be on the verge of a significant uptrend. While short-term volatility may be expected, a sustained move above 150 could pave the way for Zeel to target the 180 level and potentially beyond. As always, traders should conduct their own research and risk assessment before making any investment decisions.
No Hopes for Zee Entertainment, It's Sell On Rise with TP Rs 13?Since, 2008 a decade long bull run all time high was 619 in Jan 2018.
After that reversal and give up all its gain in covid crash March 2020.
It was almost down 80%.
Covid stimulus rally & the Big Bull Entry before Sony merger news lasted in Dec 2022.
Now, merger deal out of table.
What Next?
Is there any news flow being planned to bounce back?
Or just it is going to become a next penny stock in this media competition era?
Chart is to show a negative forecast depended on current news flow.
It’s Sell on Rise with Target 13.55.
Disclaimer: Analysis & View are personal and educational purposes only. Trade at your own risk. We recommend consult your financial advisors and do your own analysis before taking any trade. Profit and Losses are subject to your own risk management and constantly changing market conditions.
ZEEL | TRADE THE RANGEZeel is trading between 50 - 60 points range from last 4 month. The upper band is 300 -285 and lower band is 248 - 235. Current Zeel is coming towards the lower band and if it holds these level we again expect to see 285 - 300 levels in coming trading sessions.
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InvestPro India
ZEEL Prediction for Swing Trading ZEEL Prediction for Swing/ Posional Trading
First breakout at entry 1(238) level. Entry 1 level has retested. You can enter into trade above Trendline closing or above Entry 2 (283) or at CMP according to intraday level. It is possible to face resistance at trendline level. In this situation after some price correction it can give again upmove. You can buy more at that time according to your risk reward ratio.
It looks good in WTF also.
Sl- according to you RRR.
Targets- 292,300,310,319,328,337,345,355,364,372,…. (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About ZEEL –
Zee Entertainment Enterprises Ltd. engages in the provision of broadcasting services. Its businesses are involved in the television, studios and music, international, digital, and live and theater. The company operates through the India and Rest of the World geographical segments. It offers Hindi general entertainment channels, regional entertainment channels, Hindi movie cluster, and niche channels. The company was founded by Ashok Mathai V. Kurien on November 25, 1982 and is headquartered in Mumbai, India.
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.
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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!
ZEE ENTERTAINMENT TO TAKE LONG ENTRYLong ZEE ent above 264 for the target price of 300 with the SL of 250. The stock has been forming the W pattern. Entry is to be taken after the Bo of the neckline of the W pattern. RSI forming positive divergences above the 60 level. Volumes are gradually increasing. Resistance level already BO. This is for your educational purpose only.
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.