media and entertainment company-ZEEL above 430 remain buy targets 465-490

Zee Entertainment Enterprises Limited future chart ZEEL stock trading at 453 with 2% loss for the day. Stock is top loser in F&O segment.   Zee Entertainment Enterprises Limited stock above 430 remain bullish and buy on dips. On upside 465 and 490 as strong resistances as well as target zone for June series. Stock almost touched 465 level and reversed from there.   For best risk reward traders can buy stock near 430 levels with stop loss for targets 465 and 490.   Weekly closing below 430 means exit or sell signal for stock. Stock has achieved its medium term targets of 455-465 now correcting towards support to test it.

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Pramod Baviskar

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