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 ! ! !
Zeelbuy
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%
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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"
Zee Entertainment ZEEL bullish viewNSE:ZEEL get clean approval from CCI for merger with SONY.
My view is to go bullish for the level up to 1st: 291 & 2nd 316.
My entry level is 277 (have to wait for this level)
Will exit if price trade 255.
Note: This is my personal analysis, only for learning.
Thanks.
Zeel And Bulls ? What You Are Waiting For ?Hello There ,
Hope you all are fine and happy with the profit you are getting from stock market.
This is basic chart view explaination on Zeel, Today trend was fentastic and still there is opportunity to make good profit, if you are holder of this script you sould wait till our next target 210 - 215 - 220. You can exit the position after last target. As per chart trend we can say that this can break level of 210 very next day. also 220 is not a big deal for this. there is huge volume as well. fibonnaci showing us that stock can break this levels without any support on chart same if we look at RSI/MACD Both are in support. Do not exit it till 220 Target. Once it reach this level then its upto you to book profit or hold for more.. also we will share our next target once Zeel cross 220.
Also Want to Thanks Each One Of You To Follow Us Here On Trading View..
Thnaks Again
UD Trade
NSE:ZEEL
ZEEL multiframe analysis. Upmove expectedHello Trader, Here is the full analysis of ZEEL:
1) Monthly - crossed its monthly resistance and as crossed with marubozu candle .
2) Daily - It as crossed triangle pattern and pushing upwards.
2) Hourly - Looks Bullish with small retracements and testing 207 levels.
Action
One can look for long opportunity with 10 points upward.
Technical Indicators:
Moving Averages Bullish
Technical Indicators Bullish
Moving Averages Crossovers Bullish
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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
ZEEL Entertain ENT Technical Chart Update for IntradayZEEL Looks good now.
Bounce back from strong support 149 and 160 is strong resistance in 1 hours chart.
so today I opened 160 call at 8/- and waiting for upward breakout and if breakout upward tomorrow then I will sell at 18/- +
so approx 100% profit if my Target hit.
Support: 149/-
Resistance: 160/171/190
This is not financial advice guys.
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Thank you
Zeel long highest trading volume in nifty 50All the higher TF looks bullish
monthly retrace @0.618 level
weekly is holding support
1:3 trade
will see how it reacts at trend link is that break will book some profits at monthly 21 ema
taking this because this stock highest traded stock on nifty 50 index