Looking back, ante, it has been a clever ploy on both the counters by smart operators. Zee Telefilms came down and closed at Rs 1453. The stochastic indicator on the daily charts has deepened the sell signal. At the same time Rs 1465 becomes a support level for this scrip on Tuesday. Considering both, it would be to target your selling close to Rs 1525 or even higher. There is a good chance that the scrip will rise to that level, after opening at Rs 1465.

I expect a slow decay in the scrip. It will essay an horizontal path in line with Rs 1465. Considering everything, it would be prudent to book your profit. This applies to long term investors as well, as the RSI is about to trigger a sell.