ENIL Looks Bullish, Buy For Target Of 265-270

We post our views bullish on Entertainment Network (India) Ltd. The stock is showing good patterns on the volume side. I would look out for some kind of supply, 242-243, which is the 200-day average level. The overall setup is positive.

After some kind of struggle, the stock should be able to trade above 243 and rally to about 265-270 can happen over here.