NSE:EROSMEDIA
GOLDEN CROSSOVER, 50 DAYS MA moved upwards crossing 200 DAYS MA.
SECTOR: MEDIA a bullish sector.
LOW PRICED stock.
Fundamentals improving gradually, SUPER Q3 22 result.
PRICE STRENGTH 72, BUYER DEMAND 'A+', MASTER SCORE 55, GROUP RANK 16 OF 197 (Data from MarketSmith)
CMP 32.20, minor resistance breakout done, retest done.
Making HH,...
Stock EROSMEDIA CMP 246 seen Very Strong BUY for short term Stock Likely to move 265-290-360 in 1-3 month time keep watch Buy on deeps With SL 220 Beststockchoice
In daily, price broke out of descending channel with good volume,
also price is pushing above upper BB, and BB is expanding, sign of bullishness.
1st tgt - 245, 2nd tgt - 257 final tgt - 270 sl - 203
I am looking the Price is in Bullish Channel , and on Main trend its in correction ,
I am looking to go long after it makes its reversal on day chart Near 164/169
Lets see how it unfolds
Regards
Watch Erosmedia' 221, on break above 240 , it can make 254 & 300
while a turn down from resistance can bring it down to 180 again.
This is a volume based finding and it seems to be like accumulation phase.
To see the Security-wise Price Volume & deliverable position Data, open NSEINDIA web site.
Go to NSE >> Product>>Equities>> Historical Data>>Security-wise...
Eros International Media Ltd. engages in acquiring, co-producing, and distributing films in multiple formats. It provides theatrical, television, digital, and ancillary platforms. The company was founded by Arjan G. Lulla in 1977 and is headquartered in Mumbai, India.
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