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CNXMEDIA

NIFTY MEDIA - SECTOR ANALYSIS - 1st March #sectorNIFTY 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
NSE:CNXMEDIA
by TradeRyteStockz
22
CNXMEDIADisclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:CNXMEDIALong
by Munish_Jain
NIFTY MEDIA : SECTOR WILL BOOM IN 2024 NSE:CNXMEDIA Nifty media is the participant that will contribute in the 2024 rally. Nifty media has started forming a horizontal resistance around 2500 zone on a weekly chart After 2.2 years of consolidation it has approached the resistance with some strength and now within some weeks it can break out from this range. Keep an eye on the sector and its component that are mentioned in the description. Some of these stocks that I have picked from nifty media sector can move best with the nifty media sector breakout. 1.DISHTV LTD 2.CINEVISTA LTD 3.SHEMAROO 4.RAJTV 5.BALAJI TELEFIMS 6.ENIL The above Stocks are boosted with their respective charts and the levels of breakout have been clearly mentioned please use alerts feature on trading view to keep track of all of the stocks and use proper position sizing with stop loss. Have a wonderful trading journey ahead in 2024, I wish you a happy New Year in advance. Keep learning, Happy trading.
NSE:CNXMEDIALong
by SANJAYPATIDAR_
7
Tukka BuyLooks bullish if goes to 1550-1500 level. Reason 61.8% retracement and horizontal support. Other reason is FundaMental . BJP has lost Karnataka and now it should spend more on ad to gain popularity to win Central and other state elections. Congress will do same due to massive victory. Kejriwal's ambition for PM is open to all. He should spend more to promote himself as the only solution to Namo. Regional parties will fight for their survival . So they should spend more on Ad to weaken BJP. Only outlier in the index is PVR. Who knows if it gets 1 or 2 good movie ? Disc : It's not an investment advise to buy or sell. Do you research
NSE:CNXMEDIALong
by TukkaNomist
Head and shoulder bottom Stock is falling since 2018 jan 15, and has started to accumulate after making a low 259.55 from then onwards price tried to breakabove but failed two times. But the latest weekly candle has broken above the trendline as well as 200 period of SMA. The current candle formed has bullishness, i.e. the range of the body of the candle is big with no selling pressure from above, volume is above 20 day average. Doing all this a complex inverted head and shoulder pattern has formed. Looking at the onbalance volume there is also a breakout of all time high. RSI is above 60 also the trend is broken. Entry can be done above 612, the high of breakout candle. According to pattern, the stop loss will be the low of right shoulder and pattern target is 895 with a holding period of 3-6 months.
NSE:SUNTVLong
by anuragsahu614
ZEEL - ASCENDING TRIANGLE - BULLISHPlease wait for the following price action before entering :- 1) Wait till the price takes support at the 100 DMA 2) Followed a strong rejection candle like the bullish umbrella 3) a strong close above the 100 DMA Please wait till all the above mentioned price action is occured before taking up the trade. And keep a strict stoploss as NIFTY50 is weak. This is not a recommendation. This is for educational purpose only. Consider all risks possible with stock market. Thank you Have a nice day Happy Trading!!
NSE:ZEELLong
by FAHEEMSAM