HOW TO TRADE ZEE ENTERTIANMENT

MSG GIVEN TO CLIENTS  YESTERDAY  TO BUY ZEE FOR BOUNCE BACK TRADE

ZEEE  AS EXPECTED FIRST TGT ACHIEVED  290 HIT
UPDATE: 23/06/2014: ZEE ALL TGT ACHIEVED HIT 290 >>>>
 TOLD TO  BUY FUT 265-267 SL  260 IN CASH  LOT SIZE 1000 TGT 280-290---PROFIT 24,000 RS

 HERE IS OUR MAIL GIVEN YESTERDAY 

From: MARKET TRENDZ <trendzofmarket@gmail.com>
Date: Tue, Jun 17, 2014 at 1:53 PM
Subject: HOW TO TRADE ZEE ENTERTIANMENT

TRADING STRATEGY BUY FUT 265-267 SL  260 IN CASH  LOT SIZE 1000 TGT 280-290

Zee Entertainment is a Leadership stock and right now trading at 200 day moving average – area from where stock generally bounces off. Here’s the Daily chart of Zee Entertainment

Will Zee Entertainment stock bounce off from 200 dma this week? We will see. If Zee Entertainment fails to hold 200 dma, then the weekly chart will come into significance.

Here’s the weekly chart

As you can see in the weekly chart – Zee Entertainment broke out above 140 and rallied to 300. It now seems to be consolidating above 50 week ma. Any breakdown below 260/50 week ma means stock can crack all the way down to 100 week ma which as of today stands at 234.
What eventually will happen – we will wait and see. One thing is certain – bulls will try to defend 200 dma with 260 as stop loss.