ZEEL SHORTING OPPORTUNITYclear downward trend in zeel, & nifty media is showing a strong downtrend signal... Go for shorting in zeel if nifty media market opens up in negative trend
Zeeentertainment
ZEE LTD - Complete Technical AnalysisHi Traders,
We have a mixed opinion on this stock, but will definitely add to our watchlist.
The weekly chart shows that this stock has been in a downtrend since jun 2018, and price is forming a double bottom pattern which indicates the end of this downtrend.
The stock price is approaching key resistance point at 209.50, which came in confluence with the inner trendline. A break of this trendline can result in price testing the outer trendline.
The golden zone is between 239 - 268.50 which can play as a resistance zone.
We can expect 300 levels on this counter by mid 2021, if we get a break of the outer trendline.
On a short term perspective, how the price reacts at 209.50 and the inner trendline will be a decision maker.
For this kind of complete technical analysis msg me the stocks that u would like to have complete technical analysis .
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Happy Trading.....
short term upsidehas taken support @ pivot point S1 if trading positive short term buy . education purpose only
analysis of Zee Entertainmentlook in the chart for deep view
RSI is <30
comment if i am wrong anywhere.
Thank you:)
Zeel- Short Term Swing - Perfect shortHey everyone ,
Zeel has major resistance area on 200-205 as per our harmonic PRZ levels .
Short : 205
Sl : 225
Target : 185/174/165
Time span : 2 week Max
zee entertainement for swing trader !Hello guys, I come back with a new idea of Zee Entertainment
Scenario 1: If it holds above Control price then zee will likely moving toward level: 174 - 183
Scenario 2: If it cant break and holding below 165 level then we can see it at 154- 145 level possible so trade according to
Short it at 161
Scenario 1 is looking more strong
Thanks like and join now
