NIFTY MEDIA SLEEPING BEAUTY NIFTY MEDIA SLEEPING BEAUTY
In my view, a Powerful rally is Expected in the nifty media sector
Pls select your stock
CNXMEDIA trade ideas
The Media Sector is showing strength:- Keep In RadarThe Media Sector is showing strength and there are only a few fundamentally strong stocks that aren't heavily influenced by big players keep them in watchlist.
Chart Patterns repeat themselves !CNX MEDIA is forming a triangle pattern on the monthly chart. Similar pattern was observed in the past.
NIFTY MEDIA- PIC PERFECT BAT PATTERN ON WEEKLY CHART Nifty Media is an interesting index chart with following
1. RSI above 55 on all time frames i.e. DWM
2. Index consolidating between 1600-2500 zone since 2021
3. Narrowing Bollinger Bands on weekly chart
4. Price trading near upper Bollinger Bands
5. After completion of Cypher Pattern on weekly chart Index now forming BAT pattern on weekly chart with price above 20 Week SMA
Lets See how it evolves
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Nifty Media Analysis , Indian Stocknifty media 1940 if break then 1880/1800/1740
will be next level which it can test easily
It’s Time For Media Sector To Start A Rally ✅Media sector is silent from last 5-6 months and one is talking about this but as per my analysis big players are making position and CNX Media will outperform Nifty50 for next several months.
✅Big players and fund managers are always monitoring these ratios. They use this data to make informed decisions about their investments. Also they only need to outperform Nifty50 so these ratio charts help a lot.
✅No one in the market will explain this to you like this ,consider reallocating some funds to CNX Media stocks also.
NIFTY MEDIA - SECTOR ANALYSIS - 1st March #sectorNIFTY MEDIA Sector Analysis (1W TF) - 1st March, 2024
RETRACMENT TO THE SUPPORT/DEMAND ZONE
- The Sector has been retracing since Jan 2024
- Currently approaching the Demand Zone
- Focus should be on Sector specific stocks (If You Know You Know)
- This will give for a better RR
- My focus is on TV18 and Network18 for now (will add to the list)
#stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia #niftymedia #indiaelections
CNXMEDIADisclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Breakout is retestedNifty media breakout is retested and weak hands are out
Accumalte media stocks for multi fold target.
Nifty media cmp 2067 target 5000+
Nifty Media Bullish> Looks a potential breakout sector
> At a Crucial Resistance Zone
> High probability of breaking out
> Trend Reversal on cards? as per me yes
NIFTY MEDIANifty Media gave a breakout 2 weeks back and now it is heading for a retest. Any impulse move will lead the sector to another breakout. Keep an eye on this sector and pick their leader stock.
Nifty Media Target 2800 Nifty media may upside momentum of 3000 points.
Breakout above 2500 ....cup and handle chart pattern form
MEDIA SECTORMEDIA SECTOR
Media index is looking good and its stock can give good mometum in the upcoming month like zeel
NIFTY MEDIA : SECTOR WILL BOOM IN 2024 NSE:CNXMEDIA
Nifty media is the participant that will contribute in the 2024 rally.
Nifty media has started forming a horizontal resistance around 2500 zone on a weekly chart After 2.2 years of consolidation it has approached the resistance with some strength and now within some weeks it can break out from this range.
Keep an eye on the sector and its component that are mentioned in the description.
Some of these stocks that I have picked from nifty media sector can move best with the nifty media sector breakout.
1.DISHTV LTD
2.CINEVISTA LTD
3.SHEMAROO
4.RAJTV
5.BALAJI TELEFIMS
6.ENIL
The above Stocks are boosted with their respective charts and the levels of breakout have been clearly mentioned please use alerts feature on trading view to keep track of all of the stocks and use proper position sizing with stop loss.
Have a wonderful trading journey ahead in 2024,
I wish you a happy New Year in advance.
Keep learning,
Happy trading.
NIFTY MEDIA Sector Analysis (1W TF) - 16th December 2023#NIFTYMEDIA Sector Analysis (1W TF)
Pattern: RECTANGLE BOX BREAKOUT
(Or Inverted HnS or Cup and Handle)
- Breakout of Neckline Resistance expected
- Wait for Breakout
#stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia
Nifty MediaIf index break upside level of 2494 and sustain above this level then we can see index will move upward 3322-3552 range, This level have neutral selling pressure.
if index break upside range of 3322-3552 then we can see 4463-4345 range & this range have a strong selling pressure.
Time wise we can see a turning point for index is on 17-06-2024 (+2days -2 days).
Nifty media long sideNifty media break the trend and going for retest.
It will be boost upcoming week.
Focus on PVR
MEDIA SECTORMEDIA SECTOR
it is looking good for the upcoming year .Media sector stock can give good return in upcoming year.
CNXMEDIA BULLISH FOR COMING YEARSAll media stocks are going to rally in coming months , start adding them
ready for nextgen bullrunlook this charts of cnxmedia sector,classic triangle petrn formming after very long time of underperfomence,timeframe 3 to 6 month
NIFTY MediaIt is about to break out in ratio chart. So keep eye on media stocks. They may outperform in coming days.
