Nifty Media SellNifty Media Weekly time period . down side come Wave c . Wave C internal 1,2,3,4 or 5
MediaThoughts of Media. wave analysis shows that we seem to be in wave 2 consolidation before the up move
Nifty Media Index - Operator Play1. On Jan 23, 2024 - Nifty Media Index Fell 11.25% 👆👆👆 and during my Analysis I mentioned that it's a FAKE Breakdown on Weekly or On Monthly
2. Now, Look at the latest Chart of Nifty Media - Comparison of Monthly (Left) Vs Daily (Right) timeframes
During Jan - Media Index fell below the Bullish As
Nifty Media weeklyNifty 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
NIFTY MEDIA - breakout possibe 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.
CNX Media Monthly Chartforming cup & handle pattern
RSI above 60 D / W / M
resistance 2500
once break track all media stock
upside sky is the limit
The Next Blockbuster Film - B.A.G Films & MediaNifty 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
Nifty MediaNifty 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!
Nifty media taking resistance in supply zonNifty media may breakout because it already faced resistance and tested the supply zone it may breakout very soon making higher high
Decoding the Mystery behind Dec 20 Fall - Part 11. 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
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Displays a symbol's price movements over previous years to identify recurring trends.
