SUN TV NETWORKSector leader
Sun TV Network was established in 1985 as Sumangali Publications Private Limited and was later renamed as Sun TV Network Limited. Sun TV, the flagship channel of the company, was started in 1993. STNL is primarily involved in television broadcasting.
Media Index is beginning to look good.
CNXMEDIA
ZEEL: A contrarian bet on this media giantZeel is the biggest and most attractive stock in the media sector.
Now when noone seems to be interested and all negatives around, Time cycle points towards a Rise from the Ashes.
Strictly investment buying can be done at CMP and on Dips.
Accumulation range 130-160 upside 300+ horizon 12 months.
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
CNXMEDIADisclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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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.
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
Breakdown in Nifty Media...Chart is self explanatory. Levels of breakdown, possible down-moves (where index may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NETWORK18#Watchlist
#Network18 (M): 94.2 CMP,Looks promising for the future:)
Network18 is now reversing trends and breaking the 2014 (multiyear horizontal resistance) barrier.
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
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.
Zeel - longterm + short term trend analysisThe stock is at the top of long term and short term channel indicating a trend reversal. can look for shorting opportunities if the stock moves lower.
Look for buying only after both the channels are broken.
This is not a recommendation, Its for educational purpose only.
Trade Safe!!
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!!