Calls for Next Week :
1-Stock is in downtrend since last two weeks
2-Zeel Future still looking weak for short term targets of 220-15-10 below 228 in coming days.
3-Keep stoploss at 234 on closing basis.Stock has some support@225(200DMA)
4-stock witnessed 4.64 % increase in Open Interest in Friday trade which confirms fresh short build up
2-Stock took Fibonacci support near 230(@123.6% of previous rally) & sustained above that levels on closing basis.
3-Technical indicators like BBI,SO,CCI,EFI, MFI,OBV,PVT & Williams %R are in buy mode.
4-Buy with stoploss below 248 for targets of 267-86 & above
Sell ZEE Entertainment
2-Zeel Future still looking weak for short term targets of 220-15-10 below 228 in coming days.
3-Keep stoploss at 234 on closing basis.Stock has some support@225(200DMA)
4-stock witnessed 4.64 % increase in Open Interest in Friday trade which confirms fresh short build up
Add YesBank :
1- Stock has fallen drastically in last 3 months from 548 to 222 (60%)2-Stock took Fibonacci support near 230(@123.6% of previous rally) & sustained above that levels on closing basis.
3-Technical indicators like BBI,SO,CCI,EFI, MFI,OBV,PVT & Williams %R are in buy mode.
4-Buy with stoploss below 248 for targets of 267-86 & above
