thepranam

SWING IDEA - ZEEMEDIA

Long
thepranam Updated   
NSE:ZEEMEDIA   ZEE MEDIA CORP
Stock is currently trading above its weekly support zone.
Price Action making Higher High and Higher Low Pattern.
MACD also forming Higher High and Higher Low Pattern.
Stock looks ready for its next leg up.
Comment:
Nearly 11% Profits done so far.
Trade seems to be going exactly as expected.
MACD Cross is holding really well.
Could hit targets sooner than expected.
Keep a close eye.

Comment:
19% Profits done so far.
Trade seems to be going exactly as expected.

Comment:
Positive News:

ZEEMEDIA plans to set up a wholly-owned subsidiary to tap into the spirituality and wellbeing space, according to a Thursday filing to the stock exchanges.

The proposed company will work on bringing ancient knowledge of scriptures mixed with modern science. It will be deployed through digital and alternative media in the infotainment space, the filing said.
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