NIFTY MEDIA - SECTOR ANALYSIS - 1st March #sector
NIFTY MEDIA Sector Analysis (1W TF) - 1st March, 2024
RETRACMENT TO THE SUPPORT/DEMAND ZONE
- The Sector has been retracing since Jan 2024
- Currently approaching the Demand Zone
- Focus should be on Sector specific stocks (If You Know You Know)
- This will give for a better RR
- My focus is on TV18 and Network18 for now (will add to the list)
#stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia #niftymedia #indiaelections
RETRACMENT TO THE SUPPORT/DEMAND ZONE
- The Sector has been retracing since Jan 2024
- Currently approaching the Demand Zone
- Focus should be on Sector specific stocks (If You Know You Know)
- This will give for a better RR
- My focus is on TV18 and Network18 for now (will add to the list)
#stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia #niftymedia #indiaelections
Comment:
NIFTY MEDIA Sector Update - 7th March
- As mentioned just yesterday, the stock was at its Weekly Support
- 2.25% Pullback at this Support
- Find the strong Support/Demand zones in particular stocks
- As mentioned just yesterday, the stock was at its Weekly Support
- 2.25% Pullback at this Support
- Find the strong Support/Demand zones in particular stocks
This sector looks like it has come to a Support Zone
- Start picking your fundamentally strong Media Stocks out
+ Draw out your Major Demand/Support zones
- Make sure to keep you SL's small to increase your RR