SAREGAMA trade ideas
Breaking out - Cup n Handle formationSaregama
Double Digit ROE and ROCE
PEG Ration ~ 2
Promoter's stake increased
FII stake increased
DII stake increased
Stable EPS
Technical: After a Bull run the stock went into consolidation and now breaking out on Weekly time frame with large volumes.
Note: Only an analysis not a buy/sell recommendation.
SAREGAMANSE:SAREGAMA
WAIT FOR WEEKLY CLOSE OF CANDLE
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
SAREGAMA:NSE ATH+RBC 3Y-8M BO on DTF/WTF/MTF PositionalSAREGAMA Analysis WTF
TRADE PLAN
ENTRY -580-590
SL -550 DTF CLOSE
TARGET -01-817
Hold For a Year or TGT
Chart Pattern :
SAREGAMA has a clear 3Y-8M RBC&H completed
STOCK has recently broken its ATH of 581 forming a 3Y-8M RBC&H on the DTF/WTF/MTF. Pullback to form a Handle completed.
INDICATORS EMA :
The Price is Currently Trading above 20EMA, and 20EM crossed above 50EMA in DTF in Last Week of Sept. STOCK EMAs are currently aligned in a ascending order 200 to 20 indicating a bullish Trend on DTF/WTF/MTF.
FIBO E :
After the Bounce-back from 50% FIBO/R Level, Price is currently trading near the 50% FIBO/E level of 597 on DTF Impulse uptrend with Bullish ChoCH at 550 on DTF
Volumes: There is a uptrend in Volume on the Weekly Charts for3 Weeks after the BO & Retest..
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry).
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
SWING/POSITIONAL Trade
ATH breakout retestGood volume buildup in daily timeframe with good volume.
Breakout retest of ATH successfully.
Fundamentals are good.
FII & DII stakes are up.
NOTE: I do my analysis, do yours before trade.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Institutional buy zone on SaregamaThere is Institutional zone visible near 615 area. If it comes closer to 615, which is expected, it is expected to bounce back and reach levels of 800.
Entered SAREGAMA @600 Sl 500 TRADE: Have Entered SAREGAMA@600 SL 500 with Half Risk
REASON TO TRADE: Post 3 years of consolidation it has broken out of the range and now seems geared up for the demand in its shares.
DEFINED SL@500 on Daily Closing Basis.
SAREGAMA1. Anything can happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge. No other thoughts
4. An edge is nothing more than an indication of a higher probability of one thing happening over another.
5. Every moment in the market is unique.
Saregama - Bullish Flag Pattern Formation In Higher Time Frame*Saregama CMP - 553.10 / Stop Loss 465*
Buy Range 530 - 550 / Buy partial now and keep adding during retracement
Target 1 - 600
Target 2 - 650
Target 3 - 700 / 750 +
Disclaimer: This is my view and for educational purpose only.
SAREGAMA - LONGNSE:SAREGAMA Weekly chart showing consolidation breakout with momentum . In monthly timeframe also it shows classic price to volume breakout .
#saregama multi year breakoutcrossed 550 price. can be looked for 20% to 40% upmove
**Disclaimer:** I, Pankaj Karanwal, am not a SEBI registered advisor. The trading ideas and financial information shared by me are purely for educational purposes and should not be taken as investment advice. The accuracy, completeness, and validity of any information on these trades are not guaranteed. All information is provided on an as-is basis. Please do your own research before making any investment decisions. Past performance does not guarantee future results.
```
I hope this meets your needs! 😊
SAREGAMAUnderstand the Tune
A very very very long investment for the said target. Would you have the patience ?
SAREGAMA INDIA have Broken and Sustained at Retrestment LevelCompany is almost debt free.
Company has delivered good profit growth of 29.6% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 36.0%
Company’s Operating Revenue for Q4 FY24 stood at Rs 2,631 Mn growing at 29% both on YoY as
well as QoQ basis, with a strong adjusted EBITDA of Rs.864 Mn registering a YoY growth of 40%.
Company delivered a PBT of Rs 760 Mn with a 31% YOY growth.
Company’s Revenue from operations for FY24 stood at Rs 8,030 Mn with a strong adjusted EBITDA
of Rs. 3,029 Mn with a margin of 38%.
Company delivered a PBT of Rs 2,708 Mn with a 34% Margin
and PAT of Rs 1,976 Mn for FY24
Key Operational Highlights:
➢ The company’s strong performance is led by growth in music licensing on account of strong
advertisement revenues driven by its investment in new music and the revenues generated
through the artist management vertical
➢ This quarter saw music release of A.R.Rahman and Diljit Dosanjh’s Chamkila, Ajay Devgn’s
Maidaan, Ram Charan and Kiara Advani’s Game Changer, Yami Gautam’s “Article 370”,
Mohanlal’s Malaikottai Valliban, Diljit Dosanjh single Love Ya, multiple songs by Bhojpuri star
Neelkamal, Pawan Singh and Gujrati’s No.1 singer Rakesh Barot.
➢ During the Quarter, Company released 290 plus Originals and Premium Recreations
across Hindi, Bhojpuri, Gujarati, Punjabi, Tamil, Telugu, Malayalam, Marathi and
Bengali languages. Company also released 2,000 plus derivatives (LoFi, Trap Mix,
Cover, Acoustic etc.) which is driving the popularity and growth of its catalogue.
➢ The other highlight of the quarter was the use of our songs for Shahid Kapoor and Kriti Sanon
starrer 'Teri Baaton Mein Aisa Ulhja Jiya' (Hindi), for Mahesh Babu’s 'Guntur Karam’(Telugu),
for Dulquer Salmaan’s'King of Kotha’ (Malayalam) etc. and by brands like HUL Lux, Meesho,
Junglee Rummy, Andrex etc. in their ad films.
➢ Riding on the success of its Tamil Serial “Ilakkiya”, Company started its Malayalam remake
“Mangalyam Thanthunanena” on Surya Tv. We released “Crushed Season 4” series from Dice
of Pocket Aces on Amazon mini-TV.
➢ In Q4FY24 Yoodlee released Mohanlal starrer “Malaikottai Vaaliban” , Tovino Thomas starrer
“Anweshippin” in Malayalam and Gippy Grewal “Warning 2” in Punjabi.
➢ Digital footprint across Saregama owned and controlled channels touched 239Mn followers
and subscribers across YouTube, Instagram and Facebook.
SAREGAMA INDIA LTD have Broken its Long Retrestment LevelCompany is almost debt free.
Company has delivered good profit growth of 29.6% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 36.0%
Company’s Operating Revenue for Q4 FY24 stood at Rs 2,631 Mn growing at 29% both on YoY as well as QoQ basis, with a strong adjusted EBITDA of Rs.864 Mn registering a YoY growth of 40%.
Company delivered a PBT of Rs 760 Mn with a 31% YOY growth.
Company’s Revenue from operations for FY24 stood at Rs 8,030 Mn with a strong adjusted EBITDA
of Rs. 3,029 Mn with a margin of 38%.
Company delivered a PBT of Rs 2,708 Mn with a 34% Margin
and PAT of Rs 1,976 Mn for FY24
Key Operational Highlights:
➢ The company’s strong performance is led by growth in music licensing on account of strong
advertisement revenues driven by its investment in new music and the revenues generated
through the artist management vertical
➢ This quarter saw music release of A.R.Rahman and Diljit Dosanjh’s Chamkila, Ajay Devgn’s
Maidaan, Ram Charan and Kiara Advani’s Game Changer, Yami Gautam’s “Article 370”,
Mohanlal’s Malaikottai Valliban, Diljit Dosanjh single Love Ya, multiple songs by Bhojpuri star
Neelkamal, Pawan Singh and Gujrati’s No.1 singer Rakesh Barot.
➢ During the Quarter, Company released 290 plus Originals and Premium Recreations
across Hindi, Bhojpuri, Gujarati, Punjabi, Tamil, Telugu, Malayalam, Marathi and
Bengali languages. Company also released 2,000 plus derivatives (LoFi, Trap Mix,
Cover, Acoustic etc.) which is driving the popularity and growth of its catalogue.
➢ The other highlight of the quarter was the use of our songs for Shahid Kapoor and Kriti Sanon
starrer 'Teri Baaton Mein Aisa Ulhja Jiya' (Hindi), for Mahesh Babu’s 'Guntur Karam’(Telugu),
for Dulquer Salmaan’s'King of Kotha’ (Malayalam) etc. and by brands like HUL Lux, Meesho,
Junglee Rummy, Andrex etc. in their ad films.
➢ Riding on the success of its Tamil Serial “Ilakkiya”, Company started its Malayalam remake
“Mangalyam Thanthunanena” on Surya Tv. We released “Crushed Season 4” series from Dice
of Pocket Aces on Amazon mini-TV.
➢ In Q4FY24 Yoodlee released Mohanlal starrer “Malaikottai Vaaliban” , Tovino Thomas starrer
“Anweshippin” in Malayalam and Gippy Grewal “Warning 2” in Punjabi.
➢ Digital footprint across Saregama owned and controlled channels touched 239Mn followers
and subscribers across YouTube, Instagram and Facebook.
SAREGAMA India Ltd must keep in your WatchlistStock Analysis
This is a weekly chart of SAREGAMA India Ltd.
After a significant rally from the COVID-19 crash to December 2021, the stock has been relatively stagnant.
There is huge volume activity today, suggesting potential movement.
Trading Strategy
Watchlist Addition: Keep this stock on your watchlist.
Entry Point: Enter only after a breakout above the 570 level.
Potential Rally: If it breaks out, the stock can potentially rally between 200% to 500%.
Look for unique opportunities and aim for a big rally. Stay vigilant and ready to act!
Fresh momentum in SaregamaSaregama India fresh momentum generated after earnings. Higher targets expected.
SAREGAMA INDIALooks like the consolidation period is over and the stock is ready to shoot with good volume. Crossed trendline with big body candle on weekly timeframe.
Saregama..ready for flag breakout Best stock in music sector.. now ready for flag breakout.. can add here and at bottom of flag also.. no need of sl.. can hold for longterm
20% Upside Potential idea 🔥 - SAREGAMA🔥 20% Upside Potential idea - NSE:SAREGAMA
This Trade Ideas is a type of Equity Investment which is designed to give you 10% to 20% return in short-term via #Equity #Investment.
✅ Stock Name - NSE:SAREGAMA
Trade Process :-
✅ - Buy only at Buy Level as recommended in the chart. Use GTT feature available with all online brokers
✅ - On successful purchase, immediately create a SL GTT (Stop Loss level asper chart).
✅ - Once Stock Price is at Target 1 level, move your SL to Cost Price or 3% down from Target 1.
✅ - Keep Trailing the SL as Stock Price moves to next Targets.
Thanks
At verge of breakout!!In Weekly Time Frame the stock is trying to give breakout from a channel pattern which can be also consider as a flag.
The study is clearly mentioned in the charts.
