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W shape pattern seen in Zee Ent

Discussion in 'Technical Analysis' started by chethankrc, Jun 23, 2014.

  1. chethankrc

    chethankrc Active Member

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    Hi Friends,

    W pattend formed in Zee Ent.
    Whats the target and Stoploss?
     

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    chethankrc, Jun 23, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Moved this thread from Stock chart of the day forum to Technical Analysis forum.

    My SL would be 260
     
    shabbir, Jun 23, 2014
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  3. yankeedin

    yankeedin Responder

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    though W, its in trading range of 260 - 295, Target can be at max 300, but if sustains above 300 then target is 340, else it can go back to 265 levels
     
    yankeedin, Jun 23, 2014
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  4. chethankrc

    chethankrc Active Member

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    Yeah! So many failed attempts to break 290 to 295 levels from past 6 months.
    So if it breaks 300 levels and sustains then only we can take position with target 340.
    If it fails again as you told it will be back to 265 levels.
     
    chethankrc, Jun 23, 2014
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