Short Zee Entertainment Positional

Zee Entertainment has given a bearish crossover and falling from its supply zone of 500. Stock may test 420/410 in near to short term. Good to maintain a closing stoploss of 463 or hedge your short position.

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Disclaimer: Objective of this post is to educate and help all members earn profit from trading. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE/BSE/MCX market basis above recommendations. All the stock picks are momentum picks chosen using technical indicators and for education purpose only. I am not responsible for profit and losses or SEBI audits arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades or trade at your own risk.

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ZeeTV hits the first target 420. Made a low of 410 which is near the second target.