Stock of the day: Sell Zee Entertainment Enterprises Limited For Target Rs.241 By Religare Broking

22/12/2022 9:38:56 AM | Source: Religare Broking Ltd

Stock of the day: Sell Zee Entertainment Enterprises Limited For Target Rs.241 By Religare Broking

News By Tags | #2730 #1014 #5695 #59 #220

* 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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Stock of the day: Sell Zee Entertainment Enterprises Limited For Target Rs.241 By Religare Broking

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