heavy accumulation happen, RSI divergence. Elliott wave and harmonic pattern are technical conformation Stock fundamental worst ,so no fundamental. Cmp-134 200/around next strong resistance
1. On Jan 23, 2024 - Nifty Media Index Fell 11.25% 👆👆👆 and during my Analysis I mentioned that it's a FAKE Breakdown on Weekly or On Monthly 2. Now, Look at the latest Chart of Nifty Media - Comparison of Monthly (Left) Vs Daily (Right) timeframes During Jan - Media Index fell below the Bullish Ascending Triangle's Trendline. Usually Monthly close is considered...
Nifty Media India is on the Verge of Break out. On Monthly timeframe - There is a Beautiful Cup and Handle Structure with an embedded Inv Head and Shoulder inside the Handle With the Media Index brimming near breakout level - some of the Media stocks are also at same situation B.A.G Films & Media - one such stock which has recently completed a 12 Year Breakout...
The NIFTY MEDIA Index is also on BO levels. Media Stocks in Focus. Hathway Cable - Strong bullish patterns both on Monthly as well as Weekly. - Team Stocks-n-Trends
The Price action is forming an Inverse Head And Shoulder with neckline of 16.5. Price is already above 200 Daily Moving Average. Media Sector may breakout soon which can push the prices of DISH TV higher. Once the daily candle closes above, a Long can be initiated Stop Loss- Below the lows of breakout candle with some buffer Targets- 1. 19 2. 22.3 Place stop...