Potential Opportunity as Swing Trade in NSE:DEN and also predicting positive GAIN upto 20%
SWING TRADE - RISK TO REWARD - 1:3
ENTRY - 42.75
TARGET - 50.00
STOP LOSS - 40.3
This is for Educational Purpose only, please apply your prudence & consult your adviser before any investing.
#nse #swingtrade #nifty #den #dennetworks #reliance #riskrewardratio
This company is fundamentally not so annoying, the financial performance is above industrial median. Currently it seems to be really interesting at this point of time on Weekly TF.There are some key points we need to watch:
1. There was a Bearish Wolfe Wave that started forming in early 2016. And the 5th wave of the same was completed in covid pandemic. After the...
I Have less time but as per my analysis this stock is good to buy current price, How much I invested in this stock 3 lakh buying in this stock at price 50.02.
i am using two indicator in this stock first one is moving average another is Knoxville divergence. When I have time i will describe in future how to use these indicator.
This is my not recommendation to...
Buy at current level and also add in dips, SL @ 45.5 on closing basis.
Keep trailing SL, if it closes above 65 then final target will be 85+
*Only for educational purpose
Supertrend 10,2 changing trend to bullish, RS against BSE SMALLCAP crossover 0 line, stock was in downtrend since long and now again recovering by breaking previously created resistance. Heavy buying has happened between levels of 43 and 50 which can act strong support zone for future run.
- Cup and Handle (D) at a major supply level
- Volume spike
- RSI in the bullish zone (>60) on daily but not yet on weekly
- 50% entry at CMP 59.95,
remaining after 65 (pattern BO and 200 DMA crossover)
Only for educational purpose
- Cup and Handle (D) at a major supply level
- Volume spike
- RSI in the bullish zone (>60) on daily but not yet on weekly
- 50% entry at CMP 59.95,
remaining after 65 (pattern BO and 200 DMA crossover)
- r:r = 1:2.5
Only for educational purpose
DEN ENTERPRISE is in growth mode right now. With good quarters coming in, the prices are reflecting it. Multiple crucial resistances have developed over time. Potential 72% expected before next financial year.
DEN Networks Ltd. is a holding company, which engages in the distribution and promotion of television channels. It operates through the Cable and Broadband segments. The Cable segment consists of distribution and promotion of television channels. The Broadband segment offers internet services. The company was founded by Sameer Manchanda on July 10, 2007 and is headquartered in Mumbai, India.
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