Big Volume breakout
Zee has been trading with good volumes since some sessions...BO from channel and most importantly trading ABOVE 200 EMA ( wavy RED line). Anyone following me knows how important 200 EMA is. Targets marked.
Caution - Zee has slid from its highs of 600 Rs to half that value..business is not too good ( compared with say Sun TV)....but one can never know why the market does what it does...right now Zee has got a green signal from market.
Caution - Zee has slid from its highs of 600 Rs to half that value..business is not too good ( compared with say Sun TV)....but one can never know why the market does what it does...right now Zee has got a green signal from market.
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