Disclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers: Can you hear them?
Fundamentals:
Institutional Trust:
A significant holding by Domestic Institutional Investors (DIIs) compared to Foreign...
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...
Dear Team ,
As per my Observations ZEEL is at Very Critical Level . Taking Continue Support From Trend Line and Price is Moving Around their Resistance Level .. If the Trendline is Breakdown must Go for the Downside .. Observation Is only by News Based .. And If Resistance will Break then a Good Points Will be Captured.
CMP - 169
S1 -159
R1 -180
Thanks
I am...
Buy Zeeent cmp 156 target is 450 and higher
lot of negative news are factored in this price.
But what chart says ??? simple breakout is retested.
load it and dont miss
NSE:ZEEL has been hammered after the merger was cancelled by Sony. It is now at a major support however, I do not believe one should give significant portfolio allocation to this stock.
Zeel 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.
Please like the idea If you agree with the analysis, your like will motivate us to share more ideas on...
Inverted Head and Shoulder pattern in weekly chart.
Mid Term Bullish.
Neckline 296.70 Breakout done, close of this week waiting.
Zeel
CMP 289.05
Target : 411
SL : 236.
Risk is yours and Reward is too yours totally.
This idea is for educational purpose only
zeel can be a good intraday or 2,3 days swing trade
With an entry at 284-285
Sl at 278.5
for targets at 290-92 or 300-305
can even enter after the dip at 280 if it comes down with the same Stoploss
Note: if any trade or value thats gone from the place we decided to enter then thats not our trade wait for it to come back or let it go
📊 DETAILS
Sector: TV Broadcasting & Software Production
Mkt Cap: 27,062 cr
Zee Entertainment Enterprises is mainly in the following businesses: Broadcasting of Satellite Television Channels, Space Selling agent for other satellite television channels, and Sale of Media Content i.e. programs / film rights / feeds /music rights.
TTM PE : --
Sector PE :...
ZEEL is in the verge of Triangle breakout. Please refer the above chart for expected Targets and SL. Good for swing trade and as well as long term Holding.
Please analyze before taking any trade.
Zee entertainment after breakout has managed to sustain above its important levels and it is trading above its both imp EMA and seems like buyers are interested some heavy accumulation is happening can be on watchlist for swing trading.
As per trend its bullish facing big resistance at 289 & trend line breakage today at the end of day.
Good Buying oppurtunity for holding from 285 to 281
Support at 281
Resistance at target 289 to 290
As we discussed previously
stock raised from 249 to 299 in 2 weeks.
Now facing 61.8% resistance.
Wait for this level to take out - the immediate next level will be 338 and then will march towards 380 levels.
