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Stock of the day: Sell Zee Entertainment Enterprises Limited For Target Rs.241 By Religare Broking
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* Zeel has plunged sharply lower today and ended near day’s low.
* It has also slipped below this support zone of long term moving averages i.e. (200 EMA) on daily chart
* Indications are in the favour of fresh decline ahead
* We thus suggest creating fresh short position as per the levels.
SELL Zee Entertainment Enterprises Limited CMP (Rs):247.45 Range:250-252 SL:257 Target:241
Technical Chart :
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