NIFTY 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...
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Nifty media breakout is retested and weak hands are out Accumalte media stocks for multi fold target. Nifty media cmp 2067 target 5000+
> Looks a potential breakout sector > At a Crucial Resistance Zone > High probability of breaking out > Trend Reversal on cards? as per me yes
Nifty 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 may upside momentum of 3000 points. Breakout above 2500 ....cup and handle chart pattern form
MEDIA SECTOR Media index is looking good and its stock can give good mometum in the upcoming month like zeel
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...
#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
If 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 break the trend and going for retest. It will be boost upcoming week. Focus on PVR
MEDIA SECTOR it is looking good for the upcoming year .Media sector stock can give good return in upcoming year.
Overall Market Analysis and view. Index and sector short term view.
All media stocks are going to rally in coming months , start adding them
look this charts of cnxmedia sector,classic triangle petrn formming after very long time of underperfomence,timeframe 3 to 6 month
It is about to break out in ratio chart. So keep eye on media stocks. They may outperform in coming days.
Nifty Media Breakout on Daily Charts Nifty media cmp 1927 breakout on daily charts catching the momentum Ready to hit soon 2200/2300++ Suntv / Zeel / PVR /Nazara Technologies/ Navneet Education many more media stocks