Zee Media Corporation - Triangle Breakout on Monthly Time FrameThe stock is forming a strong triangle breakout on the monthly time frame, with solid support being held at the green trendline, which has served as a foundation for the price action. A second elevated green trendline shows that buying momentum has accelerated recently, indicating stronger demand.
The red line marks a significant counter-trendline, while the white dotted line highlights a hidden resistance, which could offer short-term resistance. However, a breakout above these levels could lead to a powerful move upward.
One of the most notable features of this chart is the cluster of increasing volumes over time, indicating accumulation. These volumes suggest that market participants are stepping in with conviction, and the steady rise in volume reinforces the potential for a continued bullish trend as the stock approaches key resistance levels.
ZEEMEDIA
ZEE MEDIA Daily looking bullishZEE MEDIA Daily looking bullish, it has trendline breakout with 200 ema support on daily candle.
Looks like inverted head n shoulder breakout. Good to buy at 12 with sl of 10.50 for target of 17
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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!
Breakout in Zee Media Corporation...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 1 achieved in Zee Media Corp. Gain of 53% Target 2 is ON.This is follow-up on Zee Media Corporation. Can check link to related ideas.
Target 1 achieved. Gain of more than 53%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ZEEMEDIA - MULTIYEAR--BREAKOUTZEEMEDIA ON Monthly chart Seen MULTIYEAR TRENDLINE BREAKOUT current monthly candle is breakout Heikin Ashi green candle Stock will be strongly bullish from this level cmp 19.50 for upside 30-40%. TARGET 22-25-28 can seen 6 month time period on mid term.
TECHNICAL INDICATORS .
1. Multiyear trendline breakout
2. MA ADX turn green bullish
3. Bullish Rounded Bottom pattern
4. RSI Bullish, MACD above center and signal line
BUY ZEEMEDIA @ 19.50
TARGET 22-25-28 ( 6 month )
STOP LOSS 15
** COMMENTS FOR OR AGIANST VIEW WELCOME !
** THIS IDEA IS FOR EDUCATIONAL PURPOSE.. trade at own risk. !
HAPPY TRADING.!
Zee Learn Ltd Don't Miss this one.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.