Zee media near term movement as per Elliot wave theory.Elliot wave theory.it’s not an investment advice or suggestion, it’s only my analysis and I can be wrong.
ZEEL trade ideas
Bullish Flag Pattern in ZEE ENTERTAINA Weekly Bullish Flag and Pole pattern is visible on the charts of NSE:ZEEL
Flag and Pole pattern is a bullish continuation pattern and it is visible on the charts after a meaningful appreciation in the NSE:ZEEL
MACD gave Positive territory on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 270-275 levels with the stoploss of Rs. 242.35 on weekly closing basis. The 1st target will be 290.10, 2nd target will be 306.10, 3rd target will be 331.20, 4th target will be 346.65 and fifth target will be 358.55.
Risk to Reward Ratio is 1:3
This study is for education purpose only.
Zeel Weekly Analysis - CMP 275 Buying for Target 306- 331 - Zeel Weekly Analysis - CMP 275
Buying for Target 306- 331 - 355- 370+
sl below 235 - candle closing basis
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 tgt 298-312-356 long 06-11-2023ZEE ENTERTAINMENT is an interesting chart with following
1. RSI on Daily / Weekly Above 60 and Monthly RSI above 55
2. ABCD pattern under formation on weekly chart
3. 20week SMA support at 245-247 levels
4. Narrowing Bollinger Bands on daily charts and price has started its first move on upper band
5 Next Resistance zone 293- 319 before it fetches level D
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Zee EntertainmentZEEL - short term looking good
Buy above 272 | Tgt 286, 294 and 302 | sl 260
It is my view, to trade on your own analysis.
Zee Ltd Cmp 249 Morning Star CandleZee Ltd Cmp 249 dated 27-10-2023
1. Morning Star Candle @ support
2. RSI Divergence
Buy above 252 target 260-270-280 SL 240
It is just a view, please trade at your own risk.
Zee failed upmoveIts a very volatile stock.
In the begining of the move zee was consolidating between 266 and 254.It broke down from 254 to 236 last week. It made good upmove from there. Today's judgement of zee should have helped it to sustain 254 but there is clear selling around 254 making it resistance.
Sell stl: 266
tgt 1 : 236
tgt2: 220
Disclaimer: I do not own the stock or options. This is outside of my risk profile.
Trade with caution.
ZEEL found support @240Likely to bounce back to 260 / 270 level.
this is just an idea
Trade at your own risk.
ZEEL ENT. GOOD ENTRYZEEL ENT. is at a very good support at 50EMA and could give a rise from here to its latest resistance as shown in the pic which is target of around 8 to 10% and one could have a stop loss at around 250.85 if latest resistance breaks than the stock could fly even higher grounds
ZEEL awaiting breakoutZEEL consolidating for a while with some higher lows. Saw some buying today with good amount of volume. Immediate target is 300
Zee Entertainment Enterprises Ltd bottom buyingZee Entertainment stocks are long time down trend create bottom
1. volume are very aggressive.
2. stocks are create an tringle pattern three resistance point and two bottom point .
3. create harmonic XABCD Pattern multiply target 420,510,613,739,922
4. stocks accumulation zone in 260-150 area this range are good price.
5. blackout for this range conformation in trading volume so increased volume and prince increased so good entry
thankyou
Educational Price action analysisPrice is at major trend line and if gives a BO above resistance level then a swing is possible on upper side..
earning potentiala good setup is visible
price has entered zone
will buy and wait what price does will it move above the resistance
will wait and see
Zeel buy opptunity target 300
target 2nd 343
3rd target 374
breakout sustain
retest as support from demand zone
Exciting Bullish Pattern Alert! 📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Breakout
📌 Symbol/Asset: ZEEL
🔍 Description: Moment Stock with Strong Breakout
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
One more jam but it's risky stockVery good ACUMALATION see in lower level of 225 then good spike to 288
Now 290/300 very strong resistance
I will trade with stoploss of 248 and buy on dips bcoz of my favorite sector leader
READY FOR THE BREAKOUT ITS picture perfect candle if its breaks the level of 282 then it will be move for next target for 310
#ZEELZEEL The impulse has just started
Increasing score
ICMC + Retest
Trabersed from lower levels and shot
At Weekly high on the leg
Invest & Accumulate🟢RSI (14) on the Zeel weekly charts has crossed the 60 mark
🟢Price & Volume indicate its ready for bullish trend reversal
🟢Strong support at 165. A buy on dip candidate 200/185/171
🟢SL wide. Hence will accumulate slowly with 1% loss / trade
