Sell Zee Entertainment: Intraday Call by Anil Singhvi

Sell Zee Entertainment: Intraday Call by Anil SinghviTechnical expert Anil Singhvi has suggested sell call for Media major Zee Entertainment. Mr. Singhvi has given intraday sell call with a target of Rs 215 on CNBC Awaaz during an interview.

Investors should keep a strict stop loss of Rs 232 for Zee Entertainment.

The company recently declared positive results. The advertising margins were down due to economic slowdown, but the company managed to show positive results as the sales were higher.

The stock is currently trading at a P/E of 34.5. The stock has touched 52-week high and low of Rs 262 and 88 respectively.

Other stocks from the media space witnessing action in today's trading session include Dish TV, Crest Animation and Zee News.