A bearish flag formation is seen, will the upcoming elections and budget uncertainity lead to a downside breakout.
If it does it will lead to a downfall of around 700 points from the breakout.
This can be a good short for risky traders.
PS: Constructive criticism and opinions are appreciated.
Rising wedge downside breakout observed in Zee enterprises trend to continue till it touches the bottom of 405-410.
Please feel free to share any feedback, constructive criticism is encouraged.