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Dennetwork

DEN Analysis & PredictionThis is the analysis of DEN in Weekly Time Frame. Watch carefully. The chart explains itself. I have already posted DEN Network analysis on daily time at 49 level. You can check and do according to that analysis also. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your “STOMACH”. Disclaimer: This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. About DEN : DEN Networks Ltd. is a holding company, which engages in the distribution and promotion of television channels through digital cable distribution network. It operates through the Cable and Broadband segments. The Cable segment includes distribution and promotion of television channels. The Broadband segment offers internet services. The company was founded by Sameer Manchanda on July 10, 2007 and is headquartered in Mumbai, India.
NSE:DENLong
by suraranjanganguli
DEN NETWORKS LTDThis company is fundamentally not so annoying, the financial performance is above industrial median. Currently it seems to be really interesting at this point of time on Weekly TF.There are some key points we need to watch: 1. There was a Bearish Wolfe Wave that started forming in early 2016. And the 5th wave of the same was completed in covid pandemic. After the formation was completed the stock soared up to complete the pattern. 2. The stock completed the expected target and then started coming down from July 2020 Onwards. 3. After the stock started coming down(Wave B) it has finally found a support at 0.786 Level of (5-A) Wave ie.44.65 4. The volume is Alarming since May 2021. Such high volumes were never seen in its entire life-time.This is an indication of Changing hands and a starting of Wave 3 or C Here it has very good chances of gifting us with an upside reversal for Wave C.The trade setup for it will be a BUY with an SL of 44.50 on Weekly Closing basis.The risk reward ratio at Current Market point seems really good if we look at the expected targets of (65.80 - 78.30).However this a weekly TF chart, Patience is needed to see the targets achieved. And never forget SL,after all markets can be risky at any point of time. CHART & ANALYSIS BY - ADARSH DEY
NSE:DENLong
by AdarshDey
DEN STOCK TECHNICAL ANALYSISI Have less time but as per my analysis this stock is good to buy current price, How much I invested in this stock 3 lakh buying in this stock at price 50.02. i am using two indicator in this stock first one is moving average another is Knoxville divergence. When I have time i will describe in future how to use these indicator. This is my not recommendation to buy or sell. I invested after doing my analysis you can do after doing your analysis. Thanks see you soon
NSE:DEN
by mantusharma13