Zee Entertainment Ltd. - Downtrend resumes ?

Media sector in general is looking weak and Zee Entertainment Ltd. ZEEL formed a large Bearish candle today.

I can see that the price got rejected after retracing 50% of the previous downmove, and has also formed an Evening Star pattern.

Good opportunity to short here for a target around 534 levels.

Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.