This is the analysis of HTMEDIA in the Weekly Time Frame. Watch carefully. The chart explains itself.
If it breaks and sustains above the trendline, it is good for the stock.
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...
CMP - 38.10
Can be looked in the range 31.75 to 35.35
Only Above above 38.60
Next Levels can be expected 43.00 & 54
View will be negated below 25.15
Disclaimer : This idea is only for education purpose, Please consult your financial advisor
We are not Sebi registered.
HT MEDIA could see a steep rise above 41.35 towards 52.5 because it has created a cup handle pattern for a long time frame ,there is a rise in volume .There are breakout in every media counter but this is a strongest one.
Hindustan Media ventures looking good for short-term holding @ 77-76 for the upper marked targets on chart.
To motivate us, Please like the idea If you agree with the analysis.
InvestPro India Team
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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.