Network 18 media Very good position sustain above " 82.30 " stop-loss 74 target will Be continue 88-100-114 as per Fibonacci Extension What do you think about network 18 media stock
Company Overview:
Network18 Media & Investments Limited is a media and entertainment conglomerate based in India. The company operates a diverse portfolio of media properties, including television channels, digital content platforms, films, and print publications. As a key player in the Indian media industry, Network18 has a substantial presence across news,...
Network18 is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels monthly, weekly and daily. You can see volume has been increasing recently. It has been forming a rounding bottom. It has broken resistance at 77 with significant volume. If it retraces 78-77 levels, it would be an excellent entry-level and can trade for 1:4...
The media sector is displaying optimism in the short run, with a positive outlook for most media stocks.
Among them, Network 18 stands out as a promising option. The weekly candle is finding support at 63, and a prudent entry point could be around 67 at the close of the week. Targets and supports have been identified with blue horizontal lines.
For those...
NSE: NETWORK18 is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on...
Hello and welcome to this analysis
After 13 years of downtrend its now trying to consolidate and form a higher low (March 2023) with the all time low made in March 2020.
Stock is currently on a pullback of its trend line breakout with support at 40-36 and immediate resistance between 62-72.
Sustaining above 72 it could rally till 125-170-270. While failure to...
Stock is now taking support from 200 dema (which is also coinciding with 10 dema). RSI is strong.
Facing resistance in 75-80 band.
CMP: 75
SL: Closing below 69
T1:80
T2:100
breakout after low volatility and consolidation.
substantial volume.
BUY on the open and carry the trade using macd histogram.
as soon as the macd histogram crosses below 0 line put a stoploss at the low of the latest candle.
if this breakout gives a good rally it can trigger a bullish trend out of the consolidation on the weekly.
