Zeel trading idea
2 possibilities possible here. Zee entertainment could have already bottomed out at 494 levels, the currently decline could be just an abc which could end around 502 and uptrend will resume with a target of 560. Else it could be in complex correction involving x waves, Accordingly we might see it decline till 480 levels and bounce till 530 levels.
Traders can buy part quantity at 502 and then rest at 482 levels. If the bounce happens from 502 levels you can target 560 levels, else if bounce happens from 482 levels , u can target 530 levels.
Traders can buy part quantity at 502 and then rest at 482 levels. If the bounce happens from 502 levels you can target 560 levels, else if bounce happens from 482 levels , u can target 530 levels.
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