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Tv18broadcast

TV18 has 50% upside now open.ABOUT THE COMPANY: TV18 Broadcast Limited, a subsidiary of Network18, manages its primary business of broadcasting. It runs a news network in India, spanning business news, general news, and regional news. Brands like CNBC-TV18, News18 India, and CNN News18 are part of this company. Besides the news network, the company also operates a portfolio of television entertainment channels, sports channels and digital platform. The Group also has a presence in the film production and movie distribution business through its studio –Viacom 18 Motion Pictures. TV18's infotainment subsidiary AETN18 Media Private Limited operates a factual entertainment channel - History TV18. ABOUT THE CHART: The stock price of the company gained almost 80% between Mar.2023 and Sep.2023. This phase was an impulsive 5-wave advance(Elliot-wave theory) that has been labelled on the chart as 'wave 1'. From the beginning of Sep. and till almost the end of Oct., the stock corrected nearly 50% of 'wave 1'.This correction was an Elliot-wave zig-zag(labelled as ABC). The stock then proceeded to move upwards after the 'wave 2' bottom and managed to make a minor 'wave i' of "WAVE 3" that it is now in. The "WAVE 3" target is projected close to INR70-72 zone(50% from CMP) On Friday's session, the stock broke out from a trendline resistance along with a massive volume gain. On the down side, INR 43 can be now used as a 'SL' level. NOTE*- The views expressed are based on personal opinions and observations. Please do thorough research/analysis of any instrument before making any trading/investing decisions.
NSE:TV18BRDCSTLong
by neeraj_2_sharma
6
Stock Analysis on TV18 Network - Breakout Candidate for SwingMy Analysis on TV18 Network: 1. Formed Ascending triangle pattern and looks like breakout happened with 2nd green candle(today) 2. Expecting 10% target of Rs.55 3. I bought this stock for swing trading for Rs.49.85 and expect a 10% upside in the next 1-2 weeks. Note: I'm not recommending buying this stock. This is for education purposes. This is my view, based on my learning. Please do not trade without your own conviction. Please invest after careful research. I'm not responsible for your profits/losses. - Gnanasekaran
NSE:TV18BRDCSTLong
by gnanasekarang