CNXMEDIA trade ideas

Astute_Dharini_Trades

Nifty media weekly counts are displayed on the chart and it shows the correction should have been completed and next move can start from here . Should be a bottom fishing point to get in this sector now to have a ride with high risk reward ratio

Vallabh69

After consolidating for a longtime this chart is giving breakout. Also ABCD pattern can be observed in the chart. One can wait for a stronger breakout and trade above the resistance zone. Try to analyse media stocks , mostly the rally can be seen in top 5 contributors.

ManojTembulkar Updated 

forming cup & handle pattern RSI above 60 D / W / M resistance 2500 once break track all media stock upside sky is the limit

Stocks-n-Trends

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...

happyvegan10

Nifty Media stocks seem to be a best bet for the next few months till the elections Most of the media stocks are setting up nicely. History repeats and so do Patterns!

wealths_wisdom

Nifty media may breakout because it already faced resistance and tested the supply zone it may breakout very soon making higher high

Stocks-n-Trends

1. Nifty Media - the Biggest Fall among its Peers (-5.11%) - Comparison between Monthly & Weekly Chart Month - Beautiful Cup & Handle Pattern - BO attempted today but didn't sustain (no change in pattern) Week - Inside the Handle - there is an Inv. H&S pattern - Look at the rejection today from BO + Resistance zone of 2500 Neither is this the Biggest Weekly fall...

ManojTembulkar Updated 

Daily crossing 60 Weekly Above 60 Monthly Above 60 (Track sector stock)

MARKET_SCENARIO

Media sector currently at this point. Trying to make some decision from here...

HARISHRAO99

Nifty media elliot wave analysis for longterm this index create bottom 2nd cycle

YS9

It is at crucial support and now if it does not move up more than NIFTY than it may go in consolidation or downtrend again

durlavbanskota

This is a sector based outlook for the media stocks listed under nifty media index After consolidation, the graph is looking to reclain the 200 weekly moving average and continue it's uptrend.

Intellxis Updated 

NIFTY MEDIA Sector may be sideways for a week or two, after that it will continue to form the wave C of the pattern.

Ganand1912

NIFTY MEDIA - Weekly outlook Two possibilities - 1. Might take channel support and reverse. 2. Might break down the channel and take support at the cup wall (blue pointing arrow) & then reverse.

Intellxis

Nifty Media is forming zigzag, which is the part of Wave-E of higher time correction. Soon we will see Nifty Media at 2700, 3200, and 4000 levels, but this will take time to achive.

Bussinesslion

I found very strong sign in media sector, They can help you to make money easy , Found strong media stoke and go for long as well as swing tread Have good and profitable day

jainnikunj76

Media to outperform nIFTY

Hiren_Vora

In corona many stock bottom out and given huge return. now time to add MEDIA STOCK on your portfolio . WE SEEN SMART RECOVERY IN THIS COUNTER. MIN. 20% TO 50%+ Note : all views are education purpose only.