DEN NETWORK FOR LONG TERM MY VIEW ON 06.07.2024Den Networks Ltd is one of the largest cable distribution companies in India. Here's a detailed explanation:
Overview
Den Networks Ltd was established in 2007 and has grown to be a major player in the digital cable television and broadband sectors in India. It is part of the Reliance Group.
Business Segments
Cable TV:
Den Networks provides cable television services across multiple cities in India.
It offers a wide range of channels, including regional, national, and international content.
The company has been transitioning from analog to digital cable TV, which provides better picture quality and additional services.
Broadband:
Den Networks offers high-speed internet services.
It has been expanding its broadband services to cater to the growing demand for internet connectivity in both urban and rural areas.
Key Features
Wide Reach: Den Networks has a significant presence in several states across India, making it one of the most widespread cable TV service providers in the country.
Digital Transition: The company has been focusing on converting its analog cable subscribers to digital, which allows for more interactive services and higher-quality broadcasting.
Partnerships and Collaborations: Den Networks has formed strategic alliances with various content providers and other stakeholders in the media and entertainment industry to enhance its service offerings.
Financial Performance
Revenue Streams: The company generates revenue from subscription fees, advertising, and broadband services.
Investments: Den Networks has been investing in infrastructure and technology to improve its service quality and expand its customer base.
Challenges and Competition
Market Competition: Den Networks faces stiff competition from other cable and DTH (Direct-to-Home) service providers like Tata Sky, Airtel Digital TV, and Dish TV.
Regulatory Environment: Changes in regulations by the Telecom Regulatory Authority of India (TRAI) can impact the company's operations and pricing strategies.
Recent Developments
Reliance Acquisition: Den Networks is now part of the Reliance Group, which has provided it with additional resources and support to expand its services and improve its market position.
Technological Advancements: The company is continually upgrading its technology to offer better services, such as high-definition channels and faster internet speeds.
Den Networks Ltd continues to be a significant player in India's media and entertainment industry, adapting to changes and leveraging new opportunities to grow its business.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
DEN trade ideas
Den networks Possible entry I have attached my charts here and my analysis on the 2h - I have also analyzed it on the higher time frame to get a bias of the stock. Overall the trend has been shifted to bullish on the Monthly time frame, therefore I am looking for longs. This is one possible trade forming here so be patient and manage risk. No buy sell reco NSE:DEN
DEN Networks for Swing/Positional DEN Networks Prediction for Swing/ Posional Trading
You can enter into trade above Entry level (49) daily close basis . CMP is 47.10 . There is a resistance 48.40-48.70 level. It can again come to 45 level or touch more low.
Strong Supports are shown in the chart.
Targets- 57,71,94,100,…
Intermediate Targets- 51.5,54,60,63,66,69,80,86,92,98,..
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Request: Please support by Like, follow, comment, share and boost.
Happy trading.
About DEN Networks –
DEN Networks Ltd. is a holding company, which engages in the distribution and promotion of television channels through digital cable distribution network. It operates through the Cable and Broadband segments. The Cable segment includes distribution and promotion of television channels. The Broadband segment offers internet services. The company was founded by Sameer Manchanda on July 10, 2007 and is headquartered in Mumbai, India.
You can follow me in social media through links given below-
DEN NETWORK Breakout trading implementation:
1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range.
2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights into shifts in market sentiment and potential price movements.
3. **Entry Points:** Breakout points serve as potential entry points for traders looking to ride the momentum of a newly established trend. Buying on a breakout can capture the early stages of a price movement.
4. **Confirmation of Strength:** Successful breakouts indicate the strength of a trend. If an asset breaks out with high volume and follows through with sustained price movement, it suggests a strong trend in that direction.
5. **Avoiding False Signals:** Breakout strategies often include using indicators or confirmation signals to avoid false breakouts. This can enhance the accuracy of trade decisions.
6. **Defined Risk and Reward:** Breakout trading allows for setting clear stop-loss levels below the breakout point, which helps manage risk. Traders can also calculate potential profits based on the distance between the breakout point and a projected target.
7. **Adaptable to Various Markets:** Breakout trading can be applied to various markets, including stocks, forex, commodities, and cryptocurrencies. The concept remains consistent across different assets.
8. **Flexibility:** Traders can adapt breakout strategies to their preferred timeframes, whether they are day traders, swing traders, or long-term investors.
9. **Liquidity Opportunities:** Breakout points are often associated with increased trading volume, which can provide better liquidity for executing trades.
10. **Risk vs. Reward Assessment:** Traders can evaluate the potential risk of a trade (stop-loss) against the potential reward (target price), aiding in decision-making and portfolio management.
11. **Psychological Advantage:** Successful breakout trades can boost a trader's confidence and discipline, reinforcing the effectiveness of their strategy.
12. **Market Events:** Breakouts can occur around significant market events such as earnings reports, economic data releases, or geopolitical developments, offering traders opportunities to capitalize on sudden price movements.
Remember, while breakout trading offers potential advantages, it also carries risks. False breakouts and market reversals can lead to losses. Successful implementation requires a solid understanding of technical analysis, risk management, and the ability to adapt to changing market conditions.
Falling wedge in Den Networks Ltd.In Den Networks Ltd. making a massive falling wedge chart pattern and it gives breakout in some time and the traget is the starting of wedge.Its a good trade opportunity.
Disclaimer: I am not SEBI register.This is for educational purposes only.Any risk involved in it is your responsibility
Den Networks Ltd.*Den Networks Ltd.*
Smaller Ascending Triangle Patter on Monthly Basis
Price/Volume Break-Out.
Also, Forming Triangle Pattern - Yearly Basis.
IF Yearly Trendline Broken - Targets Can be Huge.
*Fundamentally Weak Company*:
Sales Decline / Profitable Company - though on Decline.
Strong TNW though. Nil Debt Levels.
Stable High Promoter Holding. Part of RIL Group now.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
Den Networks - Intraday / Swing Trade SetupDen Networks – 92.90
Looking bullish . One can go for Intraday / Swing trade with the following entry, exit & targets
Buy range 93.25 - 93.25 / 85 Stop Loss
Target 1 - 97
Target 2 - 100
Target 3 – 105 / 110
Target 4 - 115 - 120
Note: This is my view and for educational purpose only
DEN NETWORK - Interesting to LearnThe stock has perfectly fit into the Bearish Shark Harmonic pattern and also the Parabolic Curve seems to have been achieved.
Now the question is what would be the level it would correct to ?
Based on the Parabolic Curve, It should take support between Base 4 and Base 3 however, if the Bearish Shark pattern lives up to its name then a stronger correction would be expected.
Lets wait and watch.