ZEEL
ZEEL LEVELS FOR SWING TRADING 18/06/2024STOCKS FOR SWING TRADING (SHORT TERM) 18/06/2024
NO.7
#ZEEL
Buy Price - 160 (CMP 164)
SL - 125
TARGET - 205, 230, 250 (25 - 40 - 55%)
@jagadheeshjp
Disclaimer : All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
As predictedPrice has delivered exactly as predicted weeks ago. Look for buys at the fvg or ideally the OTE.
ZEEL : Bottom is MakingZEEL is around Long term Support
Support zone is around 130-150
And Stock is also making falling channel on a weekly timeframe.
Falling channel support is around 130-150
If we connect the dots we can see 1301-50 is the strong support zone.
We can expect price to bounce 150-200% from current prices.
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
#HATHWAY 20 Tgt 26 SL 18 (33%+) Buy Recommended - Rachit SethiaHATHWAY 20
TARGET 26++
SL 18
Return 33%++
RR > 3.7
TF < 8Months
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
$ZEEL Buy above INR 267 TGT 276FWB:NSE : ZEEL Buy above INR 267 TGT 276 287 SL 255
Sell below INR 253 TGT 245, 230 SL 267
Description:
This trading strategy is being shared for educational purposes and to illustrate a potential approach for trading NSE-listed stock ZEEL (Zee Entertainment Enterprises Limited). It involves setting buy and sell conditions, price targets, and stop-loss levels based on technical analysis.
Disclaimer:
This trading strategy is not to be considered as financial advice. The stock market carries inherent risks, and trading involves potential losses. Always conduct your own thorough research and consider consulting a qualified financial advisor before making any trading or investment decisions. Past performance is not indicative of future results. Trading in the stock market can be speculative and should be done with caution.
ZEEL BUY TRADE
Wave 1 is a complete 5 wave sequence structure and Wave 2 has retraced Wave 1 by more than 80% and less than 100% which suffices the rule of Wave 2,
Now we sure about the Wave 3 touching the Fibo Golden ratio level of 161.80% a per the Elliott Wave rule for Wave 3
We have a 6 month latest Demand formed to define our Risk and the Fibo level has give us the Reward level which makes this a favourable trade
ENJOY THE RIDE ! ! !
ZEE Entertainment Trend AnalysisIndia's largest television network with a presence across 170 nations catering to 1 bn+ people.
Sony Pictures Networks India Private Limited & ZEEL merger is expected to be completed by end of 2023.
Fundamentals of recent quarters might look shady but post covid the entire industry was affected due to lack of content. Also with consistent revenue the net profit was lowest in FY 2022-23. That is only because of reduced OPM and repayment of defaulted loans availed by Siti Networks since ZEEL was the corporate guarantor.
Around 79.5% shareholding is with institutions.
Currently price is taking support at key support level at 177.
If it breaks, price can fall further towards trendline support around 135. I hope this should not happen.
Technically the broader price pattern looks like a cycle degree wxy correction as illustrated in this chart.
In that case the possible target is 600+ (near all time high), which also makes sense as it can form a W pattern as per the conventional technical analysis.
Around 230% ROI from CMP in about 2 years worth a positional trade in this stock.
I have linked my previous chart at the bottom to check the short and mid term targets.
Kindly do your own due diligence before taking any action.
Peace!!
ZEEL LOW RISK HIGH REWARD IDEAAs per my analysis it is better to tale buy entry on NSE:ZEEL at 203-204 with stop loss of 198. Zee Entertainment has been closed above previous 45min candle swing low.
My expected upside target would be 213 & 219, it mat take 1-2 week to get targets.
Note: This is my personal analysis, only to learn stock market behavior.
Thanks.
ZEEL : Descending TriangleZEEL is near weekly support & trading in descending triangle pattern.
Good R:R and strategy to enter in slots of 25%
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
#RADIOCITY #SUNTV #ZEEL #SAREGAMA #PVR #DISHTV #TV18BRDCST #NDTV
#RADIOCITY
NSE:RADIOCITY
CMP: 24
TP: 29
SL: 22
TF: <6m
RR > 2 times
Return 20%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
ZEEL LONG TRADE (INTRADAY DEC 15)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
ZEEL
Daily : Stock is in uptrend.
15 min : It has took liquidity from below and now it has made Descending triangle.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
ZEEL LONG TRADE (INTRADAY DEC 13)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
ZEEL
Daily : Stock is in uptrend.
15 min : It has taken the liquidity and now in Descending triangle pattern.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!