SAREGAMA trade ideas
SAREGAMA..Sing to the bank....BUYGave a flag breakout...So buy ..tgt calculated as per flag calculations is shown on the chart..investment call of 3 months
SAREGAMA - 7% Stop lossIf 7% SL is affordable risk.... i am using weekly Bollinger as trailing stoploss.
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 Films
saregamaIt remains one of the best franchises as a play on digital india consumption.
If one were to truly look at the business segments, the cream is in licensing revenue - growing 25-30% YoY and has a 65% margin
The strength lies in the catalogue of the entire IP library with significant competitive advantage
Sitting on ~900 cr. of cash, we might see M&A shooting up in the near term to fuel inorganic growth
saregamaIt remains one of the best franchises as a play on digital india consumption.
If one were to truly look at the business segments, the cream is in licensing revenue - growing 25-30% YoY and has a 65% margin
The strength lies in the catalogue of the entire IP library with significant competitive advantage
Sitting on ~900 cr. of cash, we might see M&A shooting up in the near term to fuel inorganic growth
SAREGAMA breaking falling wedge A falling wedge breaking pattern play on map of SAREGAMA it will break previous ATH
SAREGAMA end of facing the music?the counter seems to have taken a halt to form flag pattern, this may blow up any moment, a small pause at 450 and if crosses, ATH may be achieved.
SAREGAMA...Singing MoneyGood flag breakout...long term trends showed on the chart...flag tgts 1 and 2 calculated along with time
SAREGAMA Low Risk High Reward IdeaAs per my analysis, NSE:SAREGAMA buy level is 367 with stop loss of 356 (-11 Points). My expected upside target will be 378 & 407.
This could be low risk and high reward idea.
Note: This is my personal analysis, only for learning. Thanks.
Saaregama making huge volumes #Saregama looks good from here ... With the breakout of double bottom structure
Sa re ga ma: will it face the "music"I can see SAREGAMA attempting to touch 3625-3550 in a mid term...i will be more than happy to be wrong. for education purpose ofcourse
Saregama India 🎯7000NSE:SAREGAMA broke out of rising channel pattern after a very strong bullish trend of 700% move and now looks ready to continue that momentum.
Price consolidated after breakout and one can enter entire position now at C.M.P of 5300 levels with a stoploss below the channel at 4400 levels.
Holding period for 1 month+
Targets- 6000/6500/7000+
Positional trade, trail stoploss after target hit.
Follow strict risk management. HAPPY TRADING!
saregama at top into resistant areaBreakthrough from resistance could be best opportunity for further investment
saregama stay long 545+Range bound time is over , today volume break all the negativity and now rally of upside seen and soon touch 540 level
SAREGAMA Symmetrical triangle breakout on daily chart.SAREGAMA is ready for an explosive move.
CMP: 759.65
Heading towards 1100
