Stock to buy for short-term: Zee share price extends rally to sixth session. More upside ahead?
Stock to buy for short-term: Zee Entertainment Enterprises Ltd (ZEEL) share price gained nearly 2% on Wednesday, extending its rally for the sixth consecutive session, amid heavy buying interest. Zee shares rose as much as 1.98% to ₹125.60 apiece on the BSE.
Zee share price has jumped more than 18% in the past six consecutive trading sessions. On Tuesday alone, Zee shares spiked 5.12% after a favourable ruling by Arbitral Tribunal in Siti Networks loan case.
On the technical front, analysts believe Zee share price is on the cusp of a decent rally in the short-term. Brokerage firm Anand Rathi has recommended Zee as a stock to buy for short-term.
Stock to buy
Zee share price is nearing a critical technical juncture, supported by a strong…
