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 - 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.
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
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
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
