Amit Harchekar, Chief Technical Strategist at A PLUS Analytics has a positive view on Zee Entertainment in the near term.
Amit Harchekar, Chief Technical Strategist at A PLUS Analytics told CNBC-TV18, "Trend seems to be on the upside as long Zee Entertainment continues to maintain the support zone of Rs 355, the target of Rs 385 plus remains quite intact. A lot of long build-up is already seen at higher levels which makes a good case for a good rally in the near term. So we remain quite positive on Zee in the near term."
At 14:15 hrs Zee Entertainment Enterprises was quoting at Rs 369.00, up Rs 14.30, or 4.03 percent. It has touched a 52-week high of Rs 371.25.
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