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...
This pattern took 4 years in the making, and successfully completed the retest from its top. Currently its at a prefect spot to take positional trades as well as for investment.
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.
sun tv buying lvl in chart
nifty media is on bullish breakout lvl and sun tv also so both of them are supporting us indicators are showing bullish terms
ALL MAJOR EMAS CONVERGENCE IS SEEN
Not expecting fast and furious ride but definitely slow and steady.
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Underlying stocks such as PVR and INOX are already started to move and has given around 20% and 30% returns in last month itself...Media is getting huge upside potential at low downside risk. I am just doubted that media will retest the setup or not...Starting to add low quantities in media would be good option. News are also flowing in market regarding opening of...
Nifty Media is breaking it's support day by day, reason might be booming of OTT & all the media contents are available on YouTube and mainly because of Midcap fall. This doesn't look really good and it is indicating that this index will fall further more in the coming days.
💢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...
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
Safe Swing players can enter zeel above 202 strong daily close with volume. Took support at the bottom trendline and currently trying to break out the down trendline. rsi trying to break the downtrend line as well
200 is a psychological level and above 202 it will be double bottom breakout as well.
1st target 227
This is purely my personal view
professionals,...
