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PRIME FOCUS LTD

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PFOCUS trade ideas

Primefocus HUGE BASE OF 18 years is about to break.Hi there, VCP Trader here again! Hope you're having a great day. Have you ever witnessed a stock double or even triple in value? I’m sure you have! But have you ever wondered what drives such massive returns? While fundamentals and earnings certainly play a role, I’m here to shed light on the technical side of things. Take a look at the monthly chart of Prime Focus. The base started forming in 2006, and after 18 long years, it’s now sitting right at the top of this base in 2024. This long-term base formation is just one key factor, but how it's formed is equally important. As illustrated in the chart, you can spot three distinct legs of the stock, with the price contracting from left to right. It's almost as if the stock has run out of room within the base. What excites me the most is the consolidation right before a potential breakout—right at the top of the base. I believe this stock is poised for a 100% gain, and I expect it to begin its upward movement from the current zones. My target for the stock is 275. Note: This idea will be invalidated only if we see a monthly candle closing below the third leg of the Volatility Contraction Pattern. — That VCP Trader
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NSE:PFOCUSLong
by TheWhiteTiger99
2
Prime Focus NSE By KRS ChartsDate: 11st July 2024 Time: 10:26 AM I have been waiting from this breakout since July 2023. So, Why Exactly Prime Focus? 1.Picture perfect sideways for years and breakout so study is in Monthly TF , which in itself strong point to noted. 2. Two-times already rejected from red zone and 3rd also but this time it Bounce back and breaks trendline again. 3.floating above 100EMA after consolidating for one years near black trendline Great Targets are visible 1st ATH price point 154 Rs 2nd 268 Rs Target for Long to Medium Term
NSE:PFOCUSLong
by KRSCharts
Prime Focus Approaching 17-Year Resistance with Momentum! ✅The stock has been testing a 17-year-old resistance level around ₹135. This resistance level has been a significant barrier for nearly two decades, making it a crucial point for investors. The stock has shown strong momentum and increased volume, indicating a potential breakout. If the stock sustains above ₹135, it could lead to a substantial upward rally, potentially targeting ₹220 and beyond. The RSI is in a positive zone, and the MACD shows increasing bullish momentum, further supporting the potential for a strong upward move. ✅ Prime Focus has been making headlines with several key developments. Recently, the company signed a significant deal with SkyShowtime for content creation and management, showcasing its growing influence in the media industry. Additionally, Prime Focus is leveraging its AI-driven content management solutions to enhance efficiency and boost revenue growth. The promoter group has also been increasing its stake in the company, signaling strong confidence in its future prospects. Furthermore, the company's involvement in major VFX projects, such as "Furiosa: A Mad Max Saga" released in July 2024, highlights its reputation and expertise in the visual effects industry. These strategic moves are expected to drive future revenue growth and position Prime Focus as a leader in the content creation and management sector.
NSE:PFOCUSLong
by Marketik
Prime Focus - Bullish Swing Reversal with VolumesNSE: PFOCUS is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 20% to 30% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:PFOCUSLong
by BrahmaBull31
PFOCUS Interesting CompanyKEY POINTS plz try to read it 🙏 Milestones ✔️ It is the first company in India to offer a high-end post-production finishing system, film scanning, and recording system. It is also the first in South Asia to offer a 4K DI Facility. Its technology division, Prime Focus Technologies, deployed the World’s first Hybrid Cloud platform “CLEARTM” in 2009. It is the first company in the world to convert an entire Hollywood film from 2D to 3D - transforming the stereo conversion services landscape forever. After the acquisition of Double Negative in July 2014, it became one of the largest independent Visual Effects (VFX) service providers in the world. It owns India’s largest integrated studio with 25% capacity of Mumbai studio market and Products ✔️ The Company operates in three major segments which include: 1. Creative services (85%) like visual effects, stereo 3D conversion, and animation. 2. Tech/Tech-Enabled Services (10%) like Media ERP Suite and Cloud-enabled media services. 3. India’s Film & Media Services (5%) - Production and Postproduction services. Revenue ✔️ Its revenue distribution on the basis of: The contract is annuity 81% and project 19%. Product Mix: Services contribute 51% and products 49%. Region is India 71% and RoW 29% (mainly UK and Canada). The company derives more than 86% of its revenue from Hollywood. The revenues from VFX segment grew by 25% to Rs. 49.5 billion in 2019 and is expected to reach Rs. 89.3 billion by 2022. Customers ✔️ PFL caters to players across the entire media industry value chain and across the product lifecycle of media content. Its major clients include top Hollywood and Indian studios and media companies across the globe: Studios – Warner Bros., Disney, Netflix, etc. Broadcast networks – Bloomberg, Disney, Star, etc. Others – ICC, BCCI, Amazon, etc. Open Offer ✔️ An open offer was made by A2R Holdings (Acquirer) along with ARR Studio Private Limited and Mr͘ Namit Malhotra for acquisition of up to 8 crore shares representing 26% of the Target Company, at a price of INR 44.15 per share. Recent Developments ✔️ It has entered into several partnerships like with the Whip Media Group. Several companies ceased to be the subsidiary (like Prime Focus VFX USA Inc.) of Prime Focus Ltd. while others were merged (like DNEG Creative Services Limited and Double Negative India Private Limited were amalgamated with DNEG India Media Services Limited). It made several improvements in CLEARTM like introducing the CLEAR Vision Cloud, a media recognition AI platform. Focus ✔️ In Creative Services it aims to expand their global footprint and diversify the business across content formats. It also expects a growth in cross-selling through bundled VFX, etc. In Tech/Tech-Enabled Services it aims to sign more strategic deals and increase revenue from existing clients by offering new modules and analytics. Key Managerial Personnel ✔️ Mr. Naresh Mahendranath Malhotra was appointed as the Chairman w.e.f. May 01, 2020
NSE:PFOCUSLong
by ANKITHSHAJU