The stock as can be seen i s in a strong uptrend
stock is alreay above key averages and is trading above multiweek highs
the counter completed the retracement and now its likely to show continuation towards 77-80 mark followed by 87-89 areas on the upside
the supports are placed at 60-58 area and only below this stock may turn bearish from current strong...
Hello Friends, Sharing with you TV 18 Broadcast that is showing no selling pressure with low volume and retesting 50 EMA. Have it in your watchlist for the days to come.
After crossing break out level. at 43.5 now profit at upper level. it may be again buying opportunity. if market shows positive price action on 3 oct.
Buy above 43.82
SL 42.5
very low risk entry target as per reward is very gud.
First target may be 47.
it has gud potential upside target. follow strict sl & proper risk reward ratio. this is the only holy grail in...
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...
TARGET GIVEN IN CHART
SL - 40
ELECTIONS/INFRAPUSH - LOTS OF AD REVENUE
INVOLVED IN CRICKET BROADCASTING
FUNDAMENTALS
Market Cap
₹ 8,788 Cr.
Current Price
₹ 51.3
High / Low
₹ 56.9 / 27.4
Stock P/E
121
Book Value
₹ 100
Dividend Yield
0.00 %
ROCE
2.75 %
ROE
2.46 %
Face Value
₹ 2.00
Promoter holding
60.4 %
EPS last year
₹ 0.68
EPS latest...
TV18 Broadcast and e-Eighteen.com will merge with Network18 Media & Investments
NETWORK18 in a bid to help the companies expand their business further.
The merger will consolidate Network 18 Group's broadcast and digital businesses, which include 20 TV channels, business news portal Moneycontrol and entertainment network Viacom18.
Under the proposed...
TV18BRDCST DAILY CHART
Cmp 42.80 Target 59
This stock has seen a channel breakout @ 42.30 levels, Target placed @ 59 levels.
Its only an observation & not any suggestion.
A beautiful monthly trendline breakout and then retest to TLine and demand zone was there we saw it late. If we get marked price entry then it's good for trade like target double if we don't get it then leave it we get more more trade . Keep on watchlist and study chart for education purpose. It's not a buy sell recomdation.
chart, attempting to overcome opposition.
50 served as a resistance level for this stock in 2016–2017, and it also served as a barrier in 2018 and 2021, when attempts to break through were unsuccessful.
completed the 2022 breakout but not maintained at level.
Currently, the level of 50 to 55 is where the stock is trying to breakthrough.
Stock has good news;...
Created a long path of consolidation and tried two times but failed, though with healthy short term gain. Weakly and monthly time frame speaks clear story. Fundamentally Ambani's company it is. Isn't it enough :)
Well this should be for patient investor only who can hold it for at least one and half year.
Disclaimer: My ideas are not for recommendation...
