Target 3 (90%) achieved in Network 18. Target 4 is ON...This is follow-up on Network 18. Can check link to related ideas.
Target 3 achieved. More than 90%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing 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.
NETWORK18 trade ideas
#Network18 Mahurat Trading Positional mid cap Momentum Breakout'Flag pattern' breakout on daily charts in progress.Also the weekly charts show that a 2011 year started 'Rounding pattern' breakout in progress
Momentum bullish on all timeframes.Bullish reverse divergence in play on daily.weekly The trend indicator ADX showing that the trend strength rising up on weekly timeframe.Volumes on weekly are above moving average and walking on Bollinger bands indicating bullishness
This small cap media stock promotors includes reliance with big bull Rajesh Jhunjanwalla investment too. latest Financials shows debt reduction and current year turning profitability as well. This could be good swing or positional bet with rounding pattern neckline should be stop loss
NETWORK18 - Breakout after 7 plus years - Monthly Chart - Swing The analysis is done on monthly TF hence price may take few months to even a couple of years in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Breakout in Network 18 Media & Investments...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.
Target 1 (10%) achieved in Network 18. Target 2 is ON...This is follow-up on Network 18. Can check link to related ideas.
Target 1 achieved. More than 10%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing 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.
Network 18 Bullish on all time framesNetwork 18 has been consolidated since 2009 and on a monthly time frame there is a bullish RSI Divergence that is being formed.
Bullish RSI divergence can also be observed on daily and weekly time frame.
If the Stock move above 55 Rs then you can go for a long swing.
Target 1 - 72
Target 2 - 120