NSE:SAREGAMA Hi guys, Today I will share a chart of Saregama which is near Breakout on daily chart so if we can get a strong breakout with a strong volume then we can expect huge upside momentum. I will share the first two target which I will expect that we can get in next one or two month. If i talk about from the fundamental perspective and the technical...
After a straight rally SAREGAMA made a bullish PENNANT pattern and successfully broke the triangle. Average more qty if it comes at 360/50 levels. First target 15% Second 22% and last 30%
NOTE: I'm not a SEBI REG. Study before investing.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Idea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
Rule 1 : Respect Target & Stoploss.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : SL on Day Close Basis
Rule 4 : On result day trail your SL at 15Min Time Frame
Saregama India Ltd |Swing Momentum stock 15 feb 2024
Saregama is the oldest music label company from India (established 1902, erstwhile "Gramophone Company of India" & then "HMV"). The company is aiming to be a pure-play content company supported by the global consumption boom.
financial: strong
Market Cap = ₹ 7,546 Cr. ROCE =17.6 % ROE = 12.8 %
Debt to...
The recent price action of this asset has signaled a significant shift in market sentiment. After a prolonged downtrend, it exhibited a notable uptick in buying interest, successfully breaching the previous lower high of the downtrend. This breakout strongly suggests the initiation of a potential trend reversal.
In addition to the promising technical indicators,...
Saregama share is trading in very good support level. Investers can consider to take a new entry/average at this point(>330).
Expecting this stock can reach 800 level in long term.
Your feedback is more valuable. Please provide me your feedback in comment section.
Note:
This analysis is only for education purpose. Please do your analysis before taking any trades.
Saregama is the oldest music label company from India (established 1902, erstwhile "Gramophone Company of India" & then "HMV"). The company is aiming to be a pure-play content company supported by the global consumption boom.
Since 2017, Saregama has been making headlines again owing to the launch of two unique initiatives, Saregama Carvaan and Yoodlee...
Not so frequent pattern is seen in Saregama.
if stocks break above the wedge we can get good momentum.
It is not very easy to trade this as it can take lot of time to give breakout.
Will monitor and update this idea as and when there is any movement.
On the #SAREGAMA daily chart, 5 Point With Curve Line Breakout With Good Volume, please keep it on your watchlist. The reversal is also confirmed by the #Nifty/SAREGAMA.
BSE: 532163
NSE : SAREGAMA
I compared #SAREGAMA vs. the #Nifty and its peers from December 1, 2022, and discovered that it just started outperforming both the Nifty and its peers in the...
