Buy Zee
Entertainment - Close 128.05
Stop loss - 100
Targets -
135/150/Higher
This stock has rock
solid support around 123-120 zone and not likely to close below 120 in near
term.
Buy for 2 month and
more.
Read
comments below for latest update on this stock. Hold till exit is not
suggested.
Today's close
ReplyDeleteNSE 124.95, Down Rs.3.10/2.42%
BSE 124.35, Down Rs.3.90/3.04%
Day 1 - negative
Today's close
ReplyDeleteNSE 127.90, up 2.36%
Day2 - Positive
The first target of 135 was achieved. now Zee has support @ 132/129/126. I do not think it will break 126. On the upside the revised targets are 138/140/145. It currently faces resistance @ 140-145 zone. Once cleared it will quickly rally to 150/160.
ReplyDeleteCurrent recommendation - Hold long positions.
revise stop loss to 115 on closing basis.
This week Zee has strong support @ 129/126/124. The level of 118 remains the rock bottom price for the near term. Maintain long positions in delivery with near term targets of 136/139/145/151
ReplyDeleteZee hit 171 on 16 Aug. Now trading 163 today. This pick delivered 36% ROI since Jan end. 36% in 7 months is not bad!!
ReplyDeleteZee hit 171 on 16 Aug. Now trading 163 today. This pick delivered 36% ROI since Jan end. 36% in 7 months is not bad!!
ReplyDelete