Zee Entertainment Enterprises Ltd. – 03.01.2018.

Daily Sentiment: Bullish.
Weekly Sentiment: Bullish.
Trend Strength: Strong
First Target: 596 (Resistance zone)
Inside this channel First Target will remain 596.
Close above 596 would confirm further rise towards channel resistance.
Currently stock holds inside Weekly resistance zone that’s why correction to downside is possible.
While ZEEL holds below 596 we must be ready for dip towards 542 Support zone.
Only close below channel can confirm trend change and further fall.
Inside channel rise can resume in any moment.

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