Stocks-n-Trends

The Next Blockbuster Film - B.A.G Films & Media

Long
NSE:CNXMEDIA   Nifty Media Index
Nifty Media India is on the Verge of Break out. On Monthly timeframe - There is a Beautiful Cup and Handle Structure with an embedded Inv Head and Shoulder inside the Handle

With the Media Index brimming near breakout level - some of the Media stocks are also at same situation

B.A.G Films & Media - one such stock which has recently completed a 12 Year Breakout in December and rising 62% already in just 1 week of Jan 2024.

Monthly Timeframe shows - Inverted Head & Shoulder pattern (BO done) and currently facing another Multi-year resistance. Once above 16 WCB the stock would hit a Blockbuster run to 19, 27 and finally long term target of 105

Dont miss this multi-bagger

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