JAGRAN - a favorable setup for a TGT of 175-200NSE:JAGRAN
cmp 109
a favorable setup for a TGT of 175-200
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
Jagranprakashan
JAGRAN - Bullish Swing Reversal with VolumesNSE: JAGRAN is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 22% to 32% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
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
#JAGRAN (Radio City) .. Potential 2X opportunityJAGRAN (Radio City, Dainik Bhaskar, DNA, Mid-day etc.) stock has been hugging the bottom since last year March month..
We are seeing great upward momentum.
Targets are marked on the chart and there can be an easy 2X opportunity on this within 1-2 years timeframe. Wait to close above 65 before investing.
Also, looking at the fundamental perspective a little -
So the revenue growth is slowing down since last 4-5 years and during pandemic it took a special hit. Stock decline started along with growth decline and hit the bottom during 2020. Recently, things have been looking better since last 3 quarters and that's the reason for this move up.
Price to book is at an attractive 0.76. Plus company has lot of value in real estate (property/plant) so in case of liquidation there is upside.
Only trouble is high promoter holding is pledged..but buying at this price should cover that risk as PB is pretty attractive, however book value is never the value quoted on balance sheet so be careful there and do your own research..
tgt 80 for quick profits (invest after BO, with volumes, close above 65).. 2X target is only for experienced investors who have the tenacity and determination to follow the stock regularly and who use appropriate trailing SL..because as I said there are risks associated with it..
MEDIA SECTOR OVERALL ANALYSIS💢All studies explained in the chart💢
Try to compare with nifty media.🍂
👉comment your view below
✔ZEEL 🎲
✔HINDUSTAN MEDIA 🎲
✔ENIL 🎲
✔UFO 🎲
✔DB CORP 🎲
✔HT MEDIA 🎲
✔NDTV 🎲
✔JAGRAN 🎲
✔TV TODAY NETWORK 🎲
🍂Can you find any similarities in these stocks.
✔ Maybe can see a BIG BREAKOUT in media sector.so watch it in coming days.but note guys,funda not atractive.🎀
study well if u entering🙏
like🎀comment🎀support