ZEEL - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📊 IntraDay Trade Rating: 2.7
Zee Entertainment Enterprises Ltd (ZEEL) is currently showing bearish momentum, making it a weak candidate for intraday trading today unless a reversal emerges. Oversold indicators suggest a possible bounce, but confirmation is lacking.
🔍 Intraday Analysis Summary
❌ Bearish Indicators
MACD: Deeply negative at -3.81, indicating strong bearish momentum
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RSI: Extremely oversold at 29.4, signaling weakness but also potential for reversal
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Price Action: Trading below both 50-DMA (₹133) and 200-DMA (₹129), confirming downtrend
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Volume: Slightly below average (1.30 Cr vs 1.48 Cr), showing reduced participation
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Quarterly Profit Decline: PAT dropped from ₹189 Cr to ₹144 Cr, weakening sentiment
PEG Ratio: Negative (-1.47), indicating poor earnings growth outlook
✅ Mild Bullish Signals
FII & DII Holding: Increased by 1.98% and 0.88% respectively, suggesting institutional interest
Support Zone: Price near ₹116–₹119 may act as a bounce level if volume spikes
SAR & ADX: Indicate potential reversal if price opens above ₹117.37 tomorrow
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💡 Intraday Strategy
📈 If You're Entering Fresh Today
Optimal Buy Price: ₹116.5–₹117.5 (only if price opens above mean and volume rises)
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Profit Target Levels
First Target: ₹119.4
Second Target: ₹120.6 (if bullish sentiment sustains)
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Stop Loss: ₹115.5 (below support and intraday low)
📉 If You're Already Holding
Exit on Weakness
If price breaks below ₹116 with low volume and RSI stays below 30, consider exiting
MACD remaining negative confirms bearish pressure
Exit on Strength
If price crosses ₹119.4 with volume surge and RSI > 40, consider partial profit booking
Full exit near ₹120.6 if momentum fades
🧠 Final Thoughts
ZEEL is not ideal for intraday trading today due to strong bearish indicators. However, if it opens above ₹117.37 and shows volume strength, a short-term bounce toward ₹120+ is possible
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Would you like me to track ZEEL’s live movement or suggest stronger media sector stocks for intraday setups?
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in.tradingview.com
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bing.com
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dailybulls.in
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