'Flag pattern' breakout on daily charts in progress.Also the weekly charts show that a 2011 year started 'Rounding pattern' breakout in progress
Momentum bullish on all timeframes.Bullish reverse divergence in play on daily.weekly The trend indicator ADX showing that the trend strength rising up on weekly timeframe.Volumes on weekly are above moving average and...
The analysis is done on monthly TF hence price may take few months to even a couple of years in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Feel Free to comment below this or connect with me...
I will buy NETWORK18 because :
The price is going to brake the resistance.
It showed a good move upwards before breaking Resistance.
The price is now at support the resistance may act as SUPPORT.
Entry : 75
Target : 110
Stop loss : 66
As explained in chart stock has given 10 year old breakout if stock sustains above this level in weekly time frame then we can see the level of 130 within few months
earlier idea target of 70 also achieved
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.
This is follow-up on Network 18. Can check link to related ideas.
Target 1 achieved. More than 10%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing 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...
Network 18 has given a breakout from the channel. Wait for the weekly closing and see whether it retest the channel boundary.
Looking good for targets 75, 100, 120
Please note I’m not a registered analyst. Please analyse your self before investing.
network 18 small profit can be made
what is your views guys. actualy this is very volatile stock ignore to buy just for educational purpose u can views.
#ASTERDM
NSE: ASTERDM
Short Term Earnings
CMP 156.50
Target : 173.15
SL : 148
Timeframe < 45 Days
Can hold for longer time
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings...
Here is the weekly chart of network 18 media. The marked purple zone is historically a very crucial zone (47.85-50). It broke out with great volumes and hit circuit. Also this breakout is the breach of a 7 year old crucial zone plus a resistance trendline coming all the way from Dec'14!! (OPEN THE CHART FOR DETAILED VIEW)
LEVELS:
Entry: As soon as possible...
completed all waves now made head and shoulder at bottom and also made rounding bottom in daily time frame
if it closes above 200 ma then
entry @ 56-57 looks good
NETWORK18 on a weekly timeframe testing the descending trendline for long.
It has been taking support from the ascending trendline as well. If it breaks the descending trendline, we can see 60 levels soon.
I'm not a registered analyst. Please analyze yourself before investing
Note: This is for educational purpose only.
There seems to be a bullish pin bar on channel support. There is a rise in volume as well which indicates buying pressure. RSI at 51 indicates neutral zone (neither bullish nor bearish).
Buy above high of the pin bar. SL should be a little below the lower channel.
Media Index hasn't really participated in the rally. Nifty Media is 122.4% away from ATH. Hence, some FIIs buying can be expected here. Network 18 also constitute around 6% of Nifty Media. I expect some rally in this stock. A small portion of the amount can be diversified here for positional play.
Target - 45
Type of Trade - Positional Swing
Duration - 45...
