ZEE ENTERTAINMENT
- As per previous report published on ZEE, stock failed to closes above 305 and gave strong selling after that. (Click here to see previous report published on ZEE).
- Now daily chart indicates stock is falling from strong resistance as shown in graph no 1, chart indicates stock to find strong support around 265, 259, 255 & 248. Close watch will your sell position, stock can take support and can see some bounce back.
- Daily chart also indicates stock is moving in a range bound zone, this indicates stock will be in mix trend as long it is moving in a range. Once stock comes out from it range bound zone sharp move is expecting in Zee.
- Suggested Reading - SESA STERLITE comes out from its range bound zone, further weakness expecting.
- Daily chart also indicates stock is now testing 200 DMA support zone, as shown in graph no 3 stock took its 200 DMA support from last 3 times and bounces back. And now again testing its moving average support. Close Watch.
- Click here to see all the free trading reports (tips) published by us on ZEE ENTERTAINMENT.
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