Tag Archives: Nifty Media Movement

Nifty Media Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Dec 17, 2018 – Dec 21, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 2.60%.

As we have mentioned last week, that minor support for the index lies in the zone of 2450 to 2480. Support for the index lies in the zone of 2350 to 2400 where Fibonacci levels and low for the month of November-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250. During the week the index manages to hit a low of 2430 and close the week around the levels of 2563.

Minor support for the index lies in the zone of 2500 to 2530. Support for the index lies in the zone of 2350 to 2400 where Fibonacci levels and low for the month of November-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Resistance for the index lies in the zone of 2600 to 2630 where Fibonacci levels and medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 2700 to 2730 where Fibonacci levels are lying.

Broad range for the index is seen between 2350 to 2400 on downside & 2650 to 2700 on upside.

Nifty Media Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Dec 10, 2018 – Dec 14, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 2.10%.

As we have mentioned last week, that minor support for the index lies in the zone of 2450 to 2480. Support for the index lies in the zone of 2350 to 2400 where Fibonacci levels and low for the month of November-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250. During the week the index manages to hit a low of 2450 and close the week around the levels of 2498.

Minor support for the index lies in the zone of 2450 to 2480. Support for the index lies in the zone of 2350 to 2400 where Fibonacci levels and low for the month of November-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Resistance for the index lies in the zone of 2600 to 2630 where Fibonacci levels and medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 2700 to 2730 where Fibonacci levels are lying.

Broad range for the index is seen between 2350 to 2400 on downside & 2650 to 2700 on upside.

Nifty Media Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Dec 03, 2018 – Dec 07, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 3.30%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 2500 to 2525. Resistance for the index lies in the zone of 2600 to 2630 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 2700 to 2730 where Fibonacci levels and medium term moving averages are lying. During the week the index manages to hit a high of 2583 and close the week around the levels of 2550.

Minor support for the index lies in the zone of 2450 to 2480. Support for the index lies in the zone of 2350 to 2400 where Fibonacci levels and low for the month of November-2018 are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Resistance for the index lies in the zone of 2600 to 2630 where Fibonacci levels and medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 2700 to 2730 where Fibonacci levels are lying.

Broad range for the index is seen between 2350 to 2400 on downside & 2650 to 2700 on upside.

Nifty Media Outlook for the Week (Nov 26, 2018 – Nov 30, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Nov 26, 2018 – Nov 30, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that minor support for the index lies in the zone of 2400 to 2430. Support for the index lies in the zone of 2300 to 2330 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250. During the week the index manages to hit a low of 2416 and close the week around the levels of 2468.

Minor support for the index lies in the zone of 2400 to 2430. Support for the index lies in the zone of 2300 to 2330 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Minor resistance for the index lies in the zone of 2500 to 2525. Resistance for the index lies in the zone of 2600 to 2630 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 2700 to 2730 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index is seen between 2250 to 2300 on downside & 2600 to 2650 on upside.

Nifty Media Outlook for the Week (Nov 19, 2018 – Nov 23, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Nov 19, 2018 – Nov 23, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 2.20%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 2500 to 2525. Resistance for the index lies in the zone of 2600 to 2630 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 2700 to 2730 where Fibonacci levels and medium term moving averages are lying. During the week the index manages to hit a high of 2532 and close the week around the levels of 2434.

Minor support for the index lies in the zone of 2400 to 2430. Support for the index lies in the zone of 2300 to 2330 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Minor resistance for the index lies in the zone of 2500 to 2525. Resistance for the index lies in the zone of 2600 to 2630 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 2700 to 2730 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index is seen between 2250 to 2300 on downside & 2550 to 2600 on upside.

Nifty Media Outlook for the Week (Nov 12, 2018 – Nov 16, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Nov 12, 2018 – Nov 16, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that minor support for the index lies in the zone of 2400 to 2430. Support for the index lies in the zone of 2300 to 2350 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250. During the week the index manages to hit a low of 2421 and close the week around the levels of 2488.

Minor support for the index lies in the zone of 2400 to 2430. Support for the index lies in the zone of 2300 to 2330 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Minor resistance for the index lies in the zone of 2500 to 2525. Resistance for the index lies in the zone of 2600 to 2630 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 2700 to 2730 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index is seen between 2300 to 2350 on downside & 2600 to 2650 on upside.

Nifty Media Outlook for the Week (Nov 05, 2018 – Nov 09, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Nov 05, 2018 – Nov 09, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around .

As we have mentioned last week, that minor resistance for the index lies in the zone of 2450 to 2500. Resistance for the index lies in the zone of 2600 to 2650 where Fibonacci levels and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 2800 to 2850 where Fibonacci levels and medium term moving averages are lying. During the week the index manages to hit a high of 2527 and close the week around the levels of 2476.

Minor support for the index lies in the zone of 2400 to 2430. Support for the index lies in the zone of 2300 to 2350 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Minor resistance for the index lies in the zone of 2500 to 2525. Resistance for the index lies in the zone of 2600 to 2650 where Fibonacci levels. If the index manages to close above these levels then the index can move to the levels of 2750 to 2800 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index is seen between 2300 to 2350 on downside & 2600 to 2650 on upside.

Nifty Media Outlook for the Week (Oct 29, 2018 – Nov 02, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Oct 29, 2018 – Nov 02, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 5.50%.

As we have mentioned last week, that minor support for the index lies in the zone of 2450 to 2500. Support for the index lies in the zone of 2300 to 2350 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250. During the week the index manages to hit a low of 2332 and close the week around the levels of 2359.

Support for the index lies in the zone of 2300 to 2350 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Minor resistance for the index lies in the zone of 2450 to 2500. Resistance for the index lies in the zone of 2600 to 2650 where Fibonacci levels and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 2800 to 2850 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index is seen between 2200 to 2250 on downside & 2550 to 2600 on upside.

Nifty Media Outlook for the Week (Oct 22, 2018 – Oct 26, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Oct 22, 2018 – Oct 26, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 2.70%.

As we have mentioned last week, that resistance for the index lies in the zone of 2600 to 2650 where Fibonacci levels and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 2800 to 2850 where Fibonacci levels and medium term moving averages are lying. During the week the index manages to hit a high of 2640 and close the week around the levels of 2497.

Minor support for the index lies in the zone of 2450 to 2500. Support for the index lies in the zone of 2300 to 2350 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Resistance for the index lies in the zone of 2600 to 2650 where Fibonacci levels and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 2800 to 2850 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index is seen between 2300 to 2350 on downside & 2650 to 2700 on upside.

Nifty Media Outlook for the Week (Oct 15, 2018 – Oct 19, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Oct 15, 2018 – Oct 19, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 8.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 2500 to 2550 from where the index has broken down from the double bottom formed in the month of November-2016 and December-2016. If the index manages to close above these levels then the index can move to the levels of 2650 to 2700 where Fibonacci levels are lying. During the week the index manages to hit a high of 2605 and close the week around the levels of 2567.

Minor support for the index lies in the zone of 2450 to 2500. Support for the index lies in the zone of 2300 to 2350 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Resistance for the index lies in the zone of 2600 to 2650 where Fibonacci levels and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 2800 to 2850 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index is seen between 2400 to 2450 on downside & 2700 to 2750 on upside.

Nifty Media Outlook for the Week (Oct 08, 2018 – Oct 12, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Oct 08, 2018 – Oct 12, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 3.10%.

As we have mentioned last week, that resistance for the index lies in the zone of 2500 to 2550 from where the index has broken down from the double bottom formed in the month of November-2016 and December-2016. If the index manages to close above these levels then the index can move to the levels of 2650 to 2700 where Fibonacci levels are lying. During the week the index manages to hit a high of 2511 and close the week around the levels of 2371.

Support for the index lies in the zone of 2300 to 2350 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2200 to 2250.

Resistance for the index lies in the zone of 2500 to 2550 from where the index has broken down from the double bottom formed in the month of November-2016 and December-2016. If the index manages to close above these levels then the index can move to the levels of 2650 to 2700 where Fibonacci levels are lying.

Broad range for the index is seen between 2200 to 2250 on downside & 2500 to 2550 on upside.

Nifty Media Outlook for the Week (Oct 01, 2018 – Oct 05, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Oct 01, 2018 – Oct 05, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 5.20%.

As we have mentioned last week, that support for the index lies in the zone of 2500 to 2550 where the index has formed a double bottom in the month of November-2016 and December-2016. If the index manages to close below these levels then the index can drift to the levels of 2400 to 2450 where long term Fibonacci levels are lying. During the week the index manages to hit a low of 2412 and close the week around the levels of 2447.

Support for the index lies in the zone of 2400 to 2450 where long term Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2300 to 2350 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 2500 to 2550 from where the index has broken down from the double bottom formed in the month of November-2016 and December-2016. If the index manages to close above these levels then the index can move to the levels of 2650 to 2700 where Fibonacci levels are lying.

Broad range for the index is seen between 2300 to 2350 on downside & 2550 to 2600 on upside.

Nifty Media Outlook for the Week (Sep 24, 2018 – Sep 28, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Sep 24, 2018 – Sep 28, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 4.80%.

As we have mentioned last week, that support for the index lies in the zone of 2650 to 2700 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2500 to 2550 where the index has formed a double bottom in the month of November-2016 and December-2016. During the week the index manages to hit a low of 2464 and close the week around the levels of 2581.

Support for the index lies in the zone of 2500 to 2550 where the index has formed a double bottom in the month of November-2016 and December-2016. If the index manages to close below these levels then the index can drift to the levels of 2400 to 2450 where long term Fibonacci levels are lying.

Resistance for the index lies in the zone of 2650 to 2700 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 2750 to 2800 where long term trend-line resistance for the index is lying.

Broad range for the index is seen between 2400 to 2450 on downside & 2700 to 2750 on upside.

Nifty Media Outlook for the Week (Sep 17, 2018 – Sep 21, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Sep 17, 2018 – Sep 21, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.20%.

As we have mentioned last week, that support for the index lies in the zone of 2650 to 2700 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2500 to 2550 where the index has formed a double bottom in the month of November-2016 and December-2016. During the week the index manages to hit a low of 2625 and close the week around the levels of 2710.

Support for the index lies in the zone of 2650 to 2700 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2500 to 2550 where the index has formed a double bottom in the month of November-2016 and December-2016.

Resistance for the index lies in the zone of 2750 to 2800 where long term trend-line resistance for the index is lying. If the index manages to close above these levels then the index can move to the levels of 2950 to 3000 from where the index broke down after consolidation.

Broad range for the index is seen between 2550 to 2600 on downside & 2850 to 2900 on upside.

Nifty Media Outlook for the Week (Sep 10, 2018 – Sep 14, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Sep 10, 2018 – Sep 14, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 4.40%.

As we have mentioned last week, that minor support for the index lies in the zone of 2840 to 2860. Support for the index lies in the zone of 2750 to 2800 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying. During the week the index manages to hit a low of 2589 and close the week around the levels of 2716.

Support for the index lies in the zone of 2650 to 2700 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2500 to 2550 where the index has formed a double bottom in the month of November-2016 and December-2016.

Resistance for the index lies in the zone of 2750 to 2800 where long term trend-line resistance for the index is lying. If the index manages to close above these levels then the index can move to the levels of 2950 to 3000 from where the index broke down after consolidation.

Broad range for the index is seen between 2550 to 2600 on downside & 2850 to 2900 on upside.

Nifty Media Outlook for the Week (Sep 03, 2018 – Sep 07, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Sep 03, 2018 – Sep 07, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.10%.

As we have mentioned last week, that minor support for the index lies in the zone of 2840 to 2860. Support for the index lies in the zone of 2750 to 2800 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying. During the week the index manages to hit a low of 2828 and close the week around the levels 2840.

Minor support for the index lies in the zone of 2840 to 2860. Support for the index lies in the zone of 2750 to 2800 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 2950 to 3000 from where the index broke down after consolidation and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3050 to 3100 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index is seen between 2700 to 2750 on downside & 3000 to 3050 on upside.

Nifty Media Outlook for the Week (Aug 27, 2018 – Aug 31, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Aug 27, 2018 – Aug 31, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.90%.

As we have mentioned last week, that minor support for the index lies in the zone of 2840 to 2860. Support for the index lies in the zone of 2750 to 2800 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying. During the week the index manages to hit a low of 2841 and close the week around the levels of 2871.

Minor support for the index lies in the zone of 2840 to 2860. Support for the index lies in the zone of 2750 to 2800 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 2950 to 3000 from where the index broke down after consolidation and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3050 to 3100 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index is seen between 2700 to 2750 on downside & 3000 to 3050 on upside.

Nifty Media Outlook for the Week (Aug 20, 2018 – Aug 24, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Aug 20, 2018 – Aug 24, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 2.00%.

As we have mentioned last week, that minor support for the index lies in the zone of 2840 to 2860. Support for the index lies in the zone of 2750 to 2800 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying. During the week the index manages to hit low of 2786 and close the week around the levels of 2845.

Minor support for the index lies in the zone of 2840 to 2860. Support for the index lies in the zone of 2750 to 2800 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 2950 to 3000 from where the index broke down after consolidation and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3050 to 3100 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index is seen between 2700 to 2750 on downside & 3000 to 3050 on upside.

Nifty Media Outlook for the Week (Aug 13, 2018 – Aug 17, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Aug 13, 2018 – Aug 17, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that minor resistance lies around 2850 to 2900. Resistance for the index lies in the zone of 2950 to 3000 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 3050 to 3100 where Fibonacci levels and short term moving averages are lying. During the week the index manages to hit a high of 2968 and close the week around the levels of 2903.

Minor support for the index lies in the zone of 2840 to 2860. Support for the index lies in the zone of 2750 to 2800 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 2950 to 3000 from where the index broke down after consolidation and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3050 to 3100 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index is seen between 2700 to 2750 on downside & 3000 to 3050 on upside.

Nifty Media Outlook for the Week (Aug 06, 2018 – Aug 10, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Aug 06, 2018 – Aug 10, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that minor resistance lies around 2850 to 2900. Resistance for the index lies in the zone of 2950 to 3000 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 3050 to 3100 where Fibonacci levels and short term moving averages are lying. During the week the index manages to hit a high of 2876 and close the week around the levels of 2868.

Support for the index lies in the zone of 2750 to 2800 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying.

Minor resistance lies around 2850 to 2900. Resistance for the index lies in the zone of 2950 to 3000 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 3050 to 3100 where Fibonacci levels and short term moving averages are lying.

Broad range for the index is seen between 2650 to 2700 on downside & 2950 to 3000 on upside.

Nifty Media Outlook for the Week (July 30, 2018 – Aug 03, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (July 30, 2018 – Aug 03, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that support for the index lies in the zone of 2750 to 2800 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying. During the week the index manages to hit a low of 2791 and close the week around the levels of 2828.

Support for the index lies in the zone of 2750 to 2800 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying.

Minor resistance lies around 2850 to 2900. Resistance for the index lies in the zone of 2950 to 3000 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 3050 to 3100 where Fibonacci levels and short term moving averages are lying.

Broad range for the index is seen between 2650 to 2700 on downside & 2950 to 3000 on upside.

Nifty Media Outlook for the Week (July 23, 2018 – July 27, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (July 23, 2018 – July 27, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.70%.

As we have mentioned last week, that support for the index lies in the zone of 2800 to 2850 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying. During the week the index manages to hit a low of 2777 and close the week around the levels of 2814.

Support for the index lies in the zone of 2750 to 2800 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying.

Minor resistance lies around 2850 to 2900. Resistance for the index lies in the zone of 2950 to 3000 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 3050 to 3100 where Fibonacci levels and short term moving averages are lying.

Broad range for the index is seen between 2650 to 2700 on downside & 2950 to 3000 on upside.

Nifty Media Outlook for the Week (July 16, 2018 – July 20, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (July 16, 2018 – July 20, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 4.50%.

As we have mentioned last week, that support for the index lies in the zone of 3000 to 3050 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2950 where Fibonacci levels are lying. During the week the index manages to hit a low of 2858 and close the week around the levels of 2863.

Support for the index lies in the zone of 2800 to 2850 where long term trend-line support for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 2650 to 2700 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 2950 to 3000 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 3100 to 3150 where Fibonacci levels and short term moving averages are lying.

Broad range for the index is seen between 2650 to 2700 on downside & 3000 to 3050 on upside.

Nifty Media Outlook for the Week (July 09, 2018 – July 13, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (July 09, 2018 – July 13, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.00%.

As we have mentioned last week, that support for the index lies in the zone of 3000 to 3050 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2950 where Fibonacci levels are lying. During the week the index manages to hit a low of 2965 and close the week around the levels of 2997.

Support for the index lies in the zone of 3000 to 3050 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2950 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3130 to 3150 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where Fibonacci levels and short; medium & long term moving averages are lying.

Broad range for the index is seen between 2900 to 2950 on downside & 3100 to 3150 on upside.

Nifty Media Outlook for the Week (July 02, 2018 – July 06, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (July 02, 2018 – July 06, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 3.90%.

As we have mentioned last week, that support for the index lies in the zone of 3130 to 3150 Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3000 to 3050 where break out levels are lying. During the week the index manages to hit a low of 2983 and close the week around the levels of 3026.

Support for the index lies in the zone of 3000 to 3050 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2950 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3130 to 3150 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where Fibonacci levels and short; medium & long term moving averages are lying.

Broad range for the index is seen between 2900 to 2950 on downside & 3100 to 3150 on upside.

Nifty Media Outlook for the Week (June 25, 2018 – June 29, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (June 25, 2018 – June 29, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.00%.

As we have mentioned last week, that support for the index lies in the zone of 3130 to 3150 Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3000 to 3050 where break out levels are lying. During the week the index manages to hit a low of 3124 and close the week around the levels of 3148.

Support for the index lies in the zone of 3130 to 3150 Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3000 to 3050 where break out levels are lying.

Resistance for the index lies in the zone of 3250 to 3300 where Fibonacci levels and short; medium & long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3350 to 3400 where the index has formed a high in the month of May-2018.

Broad range for the index is seen between 3000 to 3050 on downside & 3300 to 3350 on upside.

Nifty Media Outlook for the Week (June 18, 2018 – June 22, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (June 18, 2018 – June 22, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.50%.

As we have mentioned last week, that resistance for the index lies in the zone of 3250 to 3300 where Fibonacci levels and short; medium & long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3350 to 3400 where the index has formed a high in the month of May-2018. During the week the index manages to hit a high of 3248 and close the week around the levels of 3179.

Support for the index lies in the zone of 3130 to 3150 Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3000 to 3050 where break out levels are lying.

Resistance for the index lies in the zone of 3250 to 3300 where Fibonacci levels and short; medium & long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3350 to 3400 where the index has formed a high in the month of May-2018.

Broad range for the index is seen between 3000 to 3050 on downside & 3350 to 3400 on upside.

Nifty Media Outlook for the Week (June 11, 2018 – June 15, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (June 11, 2018 – June 15, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.90%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 3200 to 3220. Resistance for the index lies in the zone of 3250 to 3300 where Fibonacci levels and short; medium & long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3350 to 3400 where the index has formed a high in the month of May-2018. During the week the index manages to hit a high of 3201 and close the week around the levels of 3194.

Support for the index lies in the zone of 3130 to 3150 Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3000 to 3050 where break out levels are lying.

Resistance for the index lies in the zone of 3250 to 3300 where Fibonacci levels and short; medium & long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3350 to 3400 where the index has formed a high in the month of May-2018.

Broad range for the index is seen between 3000 to 3050 on downside & 3350 to 3400 on upside.

Nifty Media Outlook for the Week (June 04, 2018 – June 08, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (June 04, 2018 – June 08, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.90%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 3250 to 3300. Resistance for the index lies in the zone of 3350 to 3400 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3450 to 3500 from where the index sold off after consolidation and Fibonacci levels are lying. During the week the index manages to hit a high of 3280 and close the week around the levels of 3165.

Support for the index lies in the zone of 3150 to 3200 where the index has taken support in the month of March-2018 & May-2018 and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3000 to 3050 where break out levels are lying.

Minor resistance for the index lies in the zone of 3200 to 3220. Resistance for the index lies in the zone of 3250 to 3300 where Fibonacci levels and short; medium & long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3350 to 3400 where the index has formed a high in the month of May-2018.

Broad range for the index is seen between 3000 to 3050 on downside & 3350 to 3400 on upside.

Nifty Media Outlook for the Week (May 28, 2018 – June 01, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (May 28, 2018 – June 01, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.70%.

As we have mentioned last week, that support for the index lies in the zone of 3150 to 3200 where the index has taken support in the month of March-2018 and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3000 to 3050 where break out levels are lying. During the week the index manages to hit a low of 3142 and close the week around the levels of 3195.

Support for the index lies in the zone of 3150 to 3200 where the index has taken support in the month of March-2018 and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3000 to 3050 where break out levels are lying.

Minor resistance for the index lies in the zone of 3250 to 3300. Resistance for the index lies in the zone of 3350 to 3400 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3450 to 3500 from where the index sold off after consolidation and Fibonacci levels are lying.

Broad range for the index is seen between 3000 to 3050 on downside & 3400 to 3450 on upside.

Nifty Media Outlook for the Week (May 14, 2018 – May 18, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (May 14, 2018 – May 18, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.40%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 3350 to 3400. Resistance for the index lies in the zone of 3450 to 3500 from where the index sold off after consolidation and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3550 to 3600 from where the index broke down. During the week the index manages to hit a high of 3384 and close the week around the levels of 3304.

Minor support for the index lies in the zone of 3280 to 3300. Support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying.

Minor resistance for the index lies in the zone of 3350 to 3400. Resistance for the index lies in the zone of 3450 to 3500 from where the index sold off after consolidation and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3550 to 3600 from where the index broke down.

Broad range for the index is seen between 3100 to 3150 on downside & 3500 to 3550 on upside.

Nifty Media Outlook for the Week (May 07, 2018 – May 11, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (May 07, 2018 – May 11, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.10%.

As we have mentioned last week, that minor support for the index lies in the zone of 3280 to 3300. Support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying. During the week the index manages to hit a low of 3306 and close the week around the levels of 3317.

Minor support for the index lies in the zone of 3280 to 3300. Support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying.

Minor resistance for the index lies in the zone of 3350 to 3400. Resistance for the index lies in the zone of 3450 to 3500 from where the index sold off after consolidation and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3550 to 3600 from where the index broke down.

Broad range for the index is seen between 3100 to 3150 on downside & 3500 to 3550 on upside.

Nifty Media Outlook for the Week (Apr 30, 2018 – May 04, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Apr 30, 2018 – May 04, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.60%.

As we have mentioned last week, that minor support for the index lies in the zone of 3280 to 3300. Support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying. During the week the index manages to hit a low of 3294 and close the week around the levels of 3356.

Minor support for the index lies in the zone of 3280 to 3300. Support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying.

Resistance for the index lies in the zone of 3450 to 3500 from where the index sold off after consolidation and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3550 to 3600 from where the index broke down.

Broad range for the index is seen between 3150 to 3200 on downside & 3500 to 3550 on upside.

Nifty Media Outlook for the Week (Apr 23, 2018 – Apr 27, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Apr 23, 2018 – Apr 27, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.80%.

As we have mentioned last week, that resistance for the index lies in the zone of 3350 to 3400 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3470 to 3500 from where the index broke down. During the week the index manages to hit a high of 3434 and close the week around the levels of 3377.

Minor support for the index lies in the zone of 3280 to 3300. Support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying.

Resistance for the index lies in the zone of 3450 to 3500 from where the index sold off after consolidation and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3550 to 3600 from where the index broke down.

Broad range for the index is seen between 3150 to 3200 on downside & 3500 to 3550 on upside.

Nifty Media Outlook for the Week (Apr 16, 2018 – Apr 20, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Apr 16, 2018 – Apr 20, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.50%.

As we have mentioned last week, that resistance for the index lies in the zone of 3350 to 3400 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3470 to 3500 from where the index broke down. During the week the index manages to hit a high of 3393 and close the week around the levels of 3350.

Minor support for the index lies in the zone of 3280 to 3300. Support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying.

Resistance for the index lies in the zone of 3350 to 3400 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3470 to 3500 from where the index broke down.

Broad range for the index is seen between 3150 to 3200 on downside & 3500 to 3550 on upside.

Nifty Media Outlook for the Week (Apr 09, 2018 – Apr 13, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Apr 09, 2018 – Apr 13, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that resistance for the index lies in the zone of 3350 to 3400 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3470 to 3500 from where the index broke down. During the week the index manages to hit a high of 3385 and close the week around the levels of 3346.

Minor support for the index lies in the zone of 3280 to 3300. Support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying.

Resistance for the index lies in the zone of 3350 to 3400 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3470 to 3500 from where the index broke down.

Broad range for the index is seen between 3150 to 3200 on downside & 3500 to 3550 on upside.

Nifty Media Outlook for the Week (Apr 02, 2018 – Apr 06, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Apr 02, 2018 – Apr 06, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.90%.

As we have mentioned last week, that support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying. During the week the index manages to hit a low of 3220 and close the week around the levels of 3286.

Support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying.

Resistance for the index lies in the zone of 3350 to 3400 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3470 to 3500 from where the index broke down.

Broad range for the index is seen between 3050 to 3100 on downside & 3450 to 3500 on upside.

Nifty Media Outlook for the Week (Mar 26, 2018 – Mar 28, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Mar 26, 2018 – Mar 28, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 2.50%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 3300 to 3330. Resistance for the index lies in the zone of 3400 to 3450 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3570 to 3600 from where the index broke down. During the week the index manages to hit a high of 3327 and close the week around the levels of 3225.

Support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying.

Minor resistance for the index lies in the zone of 3270 to 3300. Resistance for the index lies in the zone of 3350 to 3400 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3450 to 3500 from where the index broke down.

Broad range for the index is seen between 3050 to 3100 on downside & 3400 to 3450 on upside.

Nifty Media Outlook for the Week (Mar 12, 2018 – Mar 16, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Mar 12, 2018 – Mar 16, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on absolutely flat note.

As we have mentioned last week, that Support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying. During the week the index manages to hit a low of 3213 and close the week around the levels of 3260.

Support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying.

Minor resistance for the index lies in the zone of 3300 to 3330. Resistance for the index lies in the zone of 3400 to 3450 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3570 to 3600 from where the index broke down.

Broad range for the index is seen between 3050 to 3100 on downside & 3400 to 3450 on upside.

Nifty Media Outlook for the Week (Mar 05, 2018 – Mar 09, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Mar 05, 2018 – Mar 09, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.60%.

As we have mentioned last week, that resistance for the index lies in the zone of 3400 to 3450 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3570 to 3600 from where the index broke down. During the week the index manages to hit a high of 3399 and close the week around the levels of 3263.

Support for the index lies in the zone of 3200 to 3230 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3100 where break out levels are lying.

Minor resistance for the index lies in the zone of 3300 to 3330. Resistance for the index lies in the zone of 3400 to 3450 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3570 to 3600 from where the index broke down.

Broad range for the index is seen between 3050 to 3100 on downside & 3400 to 3450 on upside.

Nifty Media Outlook for the Week (Feb 26, 2018 – Mar 02, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Feb 26, 2018 – Mar 02, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on absolutely flat note.

As we have mentioned last week, that support for the index lies in the zone of 3250 to 3300 where Fibonacci levels and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3180 where Fibonacci levels and long term moving averages are lying. During the week the index manages to hit a low of 3231 and close the week around the levels of 3317.

Support for the index lies in the zone of 3250 to 3300 where Fibonacci levels and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3180 where Fibonacci levels and long term moving averages are lying.

Resistance for the index lies in the zone of 3400 to 3450 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3570 to 3600 from where the index broke down.

Broad range for the index is seen between 3150 to 3200 on downside & 3500 to 3550 on upside.

Nifty Media Outlook for the Week (Feb 19, 2018 – Feb 23, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Feb 19, 2018 – Feb 23, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.00%.

As we have mentioned last week, that resistance for the index lies in the zone of 3400 to 3450 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3570 to 3600 from where the index broke down. During the week the index manages to hit a high of 3463 and close the week around the levels of 3314.

Support for the index lies in the zone of 3250 to 3300 where Fibonacci levels and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3180 where Fibonacci levels and long term moving averages are lying.

Resistance for the index lies in the zone of 3400 to 3450 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3570 to 3600 from where the index broke down.

Broad range for the index is seen between 3150 to 3200 on downside & 3500 to 3550 on upside.

Nifty Media Outlook for the Week (Feb 12, 2018 – Feb 16, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Feb 12, 2018 – Feb 16, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.00%.

As we have mentioned last week, that support for the index lies in the zone of 3250 to 3300 where Fibonacci levels and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3180 where Fibonacci levels and long term moving averages are lying. During the week the index manages to hit a low of 3193 and close the week around the levels of 3379.

Support for the index lies in the zone of 3250 to 3300 where Fibonacci levels and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3180 where Fibonacci levels and long term moving averages are lying.

Resistance for the index lies in the zone of 3400 to 3450 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3570 to 3600 from where the index broke down.

Broad range for the index is seen between 3150 to 3200 on downside & 3500 to 3550 on upside.

Nifty Media Outlook for the Week (Feb 05, 2018 – Feb 09, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Feb 05, 2018 – Feb 09, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 4.50%.

As we have mentioned last week, that resistance for the index lies in the zone of 3570 to 3600 from where the index broke down. If the index manages to close above these levels then the index can move to the levels of 3670 to 3700. During the week the index manages to hit a high of 3573 and close the week around the levels of 3347.

Support for the index lies in the zone of 3250 to 3300 where Fibonacci levels and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3180 where Fibonacci levels and long term moving averages are lying.

Resistance for the index lies in the zone of 3400 to 3450 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3570 to 3600 from where the index broke down.

Broad range for the index is seen between 3150 to 3200 on downside & 3500 to 3550 on upside.

Nifty Media Outlook for the Week (Jan 29, 2018 – Feb 02, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Jan 29, 2018 – Feb 02, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.00%.

As we have mentioned last week, that resistance for the index lies in the zone of 3570 to 3600 from where the index broke down. If the index manages to close above these levels then the index can move to the levels of 3670 to 3700. During the week the index manages to hit a high of 3591 and close the week around the levels of 3507.

Support for the index lies in the zone of 3480 to 3500 where the index has formed a top in the month of December-2017. If the index manages to close below these levels then the index can drift to the levels of 3400 to 3450 from where the index broke out.

Resistance for the index lies in the zone of 3570 to 3600 from where the index broke down. If the index manages to close above these levels then the index can move to the levels of 3670 to 3700.

Broad range for the index is seen between 3400 to 3450 on downside & 3680 to 3700 on upside.

Nifty Media Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Jan 22, 2018 – Jan 25, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.40%.

As we have mentioned last week, that support for the index lies in the zone of 3480 to 3500 where the index has formed a top in the month of December-2017. If the index manages to close below these levels then the index can drift to the levels of 3400 to 3450 from where the index broke out. During the week the index manages to hit a low of 3477 and close the week around the levels of 3540.

Support for the index lies in the zone of 3480 to 3500 where the index has formed a top in the month of December-2017. If the index manages to close below these levels then the index can drift to the levels of 3400 to 3450 from where the index broke out.

Resistance for the index lies in the zone of 3570 to 3600 from where the index broke down. If the index manages to close above these levels then the index can move to the levels of 3670 to 3700.

Broad range for the index is seen between 3400 to 3450 on downside & 3680 to 3700 on upside.

Nifty Media Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Jan 15, 2018 – Jan 19, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that support for the index lies in the zone of 3480 to 3500 where the index has formed a top in the month of December-2017. If the index manages to close below these levels then the index can drift to the levels of 3400 to 3450 from where the index broke out. During the week the index manages to hit a low of 3500 and close the week around the levels of 3592.

Support for the index lies in the zone of 3480 to 3500 where the index has formed a top in the month of December-2017. If the index manages to close below these levels then the index can drift to the levels of 3400 to 3450 from where the index broke out.

The index is trading at all time highs and is in strong uptrend so virtually no resistance levels are visible. Resistance for the index lies in the zone of 3650 to 3700.

Broad range for the index is seen between 3450 to 3500 on downside & 3680 to 3700 on upside.

Nifty Media Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   (Jan 08, 2018 – Jan 12, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.90%.

As we have mentioned last week, that support for the index lies in the zone of 3350 to 3400 where the index has formed a top in the month of November-2017. If the index manages to close below these levels then the index can drift to the levels of 3220 to 3250 from where the index broke out. During the week the index manages to hit a low of 3441 and close the week around the levels of 3530.

Support for the index lies in the zone of 3480 to 3500 where the index has formed a top in the month of December-2017. If the index manages to close below these levels then the index can drift to the levels of 3400 to 3450 from where the index broke out.

Resistance for the index lies in the zone of 3570 to 3600 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3680 to 3720.

Broad range for the index is seen between 3400 to 3430 on downside & 3680 to 3700 on upside.

Nifty Media Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for NIFTY MEDIA for the week   Jan 01, 2018 – Jan 05, 2018) : 

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that resistance for the index lies in the zone of 3480 to 3500. If the index manages to close above these levels then the index can move to the levels of 3570 to 3600. During the week the index manages to hit a high of 3506 and close the week around the levels of 3464.

Support for the index lies in the zone of 3350 to 3400 where the index has formed a top in the month of November-2017. If the index manages to close below these levels then the index can drift to the levels of 3220 to 3250 from where the index broke out.

Resistance for the index lies in the zone of 3480 to 3500. If the index manages to close above these levels then the index can move to the levels of 3570 to 3600.

Broad range for the index is seen between 3200 to 3230 on downside & 3550 to 3600 on upside.

Nifty Media Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Dec 26, 2017 – Dec 29, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 3.50%.

As we have mentioned last week, that support for the index lies in the zone of 3220 to 3250 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3170 where Fibonacci levels are lying. During the week the index manages to hit a low of 3257 and close the week around the levels of 3446.

Support for the index lies in the zone of 3350 to 3400 where the index has formed a top in the month of November-2017. If the index manages to close below these levels then the index can drift to the levels of 3220 to 3250 from where the index broke out.

Resistance for the index lies in the zone of 3480 to 3500. If the index manages to close above these levels then the index can move to the levels of 3570 to 3600.

Broad range for the index is seen between 3200 to 3230 on downside & 3550 to 3600 on upside.

Nifty Media Outlook for the Week (Dec 18, 2017 – Dec 22, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Dec 18, 2017 – Dec 22, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that support for the index lies in the zone of 3220 to 3250 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3170 where Fibonacci levels are lying. During the week the index manages to hit a low of 3279 and close the week around the levels of 3331.

Support for the index lies in the zone of 3220 to 3250 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3170 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3350 to 3400 where the index has formed a top in the month of November-2017. If the index manages to close above these levels then the index can move to the levels of 3480 to 3520.

Broad range for the index is seen between 3200 to 3230 on downside & 3400 to 3450 on upside.

Nifty Media Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Dec 11, 2017 – Dec 15, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that support for the index lies in the zone of 3220 to 3250 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3170 where Fibonacci levels are lying. During the week the index manages to hit a low of 3216 and close the week around the levels of 3313.

Support for the index lies in the zone of 3220 to 3250 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3170 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3350 to 3400 where the index has formed a top in the month of November-2017. If the index manages to close above these levels then the index can move to the levels of 3480 to 3520.

Broad range for the index is seen between 3200 to 3230 on downside & 3400 to 3450 on upside.

Nifty Media Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Dec 04, 2017 – Dec 08, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.40%.

As we have mentioned last week, that support for the index lies in the zone of 3220 to 3250 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3170 where Fibonacci levels are lying. During the week the index manages to hit a low of 3244 and close the week around the levels of 3253.

Support for the index lies in the zone of 3220 to 3250 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3170 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3280 to 3300 where the index has formed a top in the month of May-2017. If the index manages to close above these levels then the index can move to the levels of 3450 to 3500.

Broad range for the index is seen between 3100 to 3130 on downside & 3350 to 3400 on upside.

Nifty Media Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Nov 27, 2017 – Dec 01, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 4.10%.

As we have mentioned last week, that resistance for the index lies in the zone of 3150 to 3170 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3220 to 3250 where the index has formed a short term top. During the week the index manages to hit a high of 3277 and close the week around the levels of 3265.

Support for the index lies in the zone of 3220 to 3250 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3170 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3280 to 3300 where the index has formed a top in the month of May-2017. If the index manages to close above these levels then the index can move to the levels of 3450 to 3500.

Broad range for the index is seen between 3100 to 3130 on downside & 3350 to 3400 on upside.

Nifty Media Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Nov 20, 2017 – Nov 24, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.60%.

As we have mentioned last week, that resistance for the index lies in the zone of 3230 to 3250. If the index manages to close above these levels then the index can move to the levels of 3300 to 3320 where the index has formed a top in the month of May-2017 is lying. During the week the index manages to hit a high of 3203 and close the week around the levels of 3136.

Support for the index lies in the zone of 3050 to 3080 where short, medium and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2950 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3150 to 3170 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3220 to 3250 where the index has formed a short term top.

Broad range for the index is seen between 3000 to 3030 on downside & 3250 to 3300 on upside.

Nifty Media Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Nov 13, 2017 – Nov 17, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.20%.

As we have mentioned last week, that support for the index lies in the zone of 3160 to 3180 where Fibonacci levels and double top pattern are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3080 where short, medium and 200 daily moving averages are lying. During the week the index manages to hit a low of 3135 and close the week around the levels of 3186.

Support for the index lies in the zone of 3160 to 3180 where Fibonacci levels and double top pattern are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3080 where short, medium and 200 daily moving averages are lying.

Resistance for the index lies in the zone of 3230 to 3250. If the index manages to close above these levels then the index can move to the levels of 3300 to 3320 where the index has formed a top in the month of May-2017 is lying.

Broad range for the index is seen between 3000 to 3050 on downside & 3300 to 3350 on upside.

Nifty Media Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Nov 06, 2017 – Nov 10, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that resistance for the index lies in the zone of 3160 to 3180 where Fibonacci levels and double top pattern are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has formed a top in the month of May-2017 is lying. During the week the index manages to hit a high of 3199 and close the week around the levels of 3194.

Support for the index lies in the zone of 3160 to 3180 where Fibonacci levels and double top pattern are lying. If the index manages to close below these levels then the index can drift to the levels of 3050 to 3080 where short, medium and 200 daily moving averages are lying.

Resistance for the index lies in the zone of 3230 to 3250. If the index manages to close above these levels then the index can move to the levels of 3300 to 3320 where the index has formed a top in the month of May-2017 is lying.

Broad range for the index is seen between 3000 to 3050 on downside & 3300 to 3350 on upside.

Nifty Media Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Oct 30, 2017 – Nov 03, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 7.00%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 2980 to 3000. Resistance for the index lies in the zone of 3030 to 3050 where medium term and 200 daily moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3130 to 3150 where Fibonacci levels are lying. During the week the index manages to hit a high of 3159 and close the week around the levels of 3148.

Support for the index lies in the zone of 3040 to 3070 where medium term and 200 daily moving averages and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2930 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3160 to 3180 where Fibonacci levels and double top pattern are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has formed a top in the month of May-2017 is lying.

Broad range for the index is seen between 3000 to 3050 on downside & 3300 to 3350 on upside.

Nifty Media Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Oct 23, 2017 – Oct 27, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 2.20%.

As we have mentioned last week, that the index has closed just below the support zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels. During the week the index manages to hit a low of 2918 and close the week around the levels of 2943.

Support for the index lies in the zone of 2900 to 2930 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2820 to 2850 where Fibonacci levels and lows for the month of August-2017 is lying.

Minor resistance for the index lies in the zone of 2980 to 3000. Resistance for the index lies in the zone of 3030 to 3050 where medium term and 200 daily moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3130 to 3150 where Fibonacci levels are lying.

Broad range for the index is seen between 2830 to 2850 on downside & 3050 to 3080 on upside.

Nifty Media Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Oct 16, 2017 – Oct 19, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.30%.

As we have mentioned last week, that the index has closed just below the support zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels. During the week the index manages to hit a low of 2980 and close the week around the levels of 3010.

The index has closed just below the support zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels.

Resistance for the index lies in the zone of 3050 to 3080 where medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3130 to 3150 where Fibonacci levels are lying.

Broad range for the index is seen between 2930 to 2950 on downside & 3100 to 3130 on upside.

Nifty Media Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Oct 09, 2017 – Oct 13, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that the index has closed just below the support zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels. During the week the index manages to hit a low of 2976 and close the week around the levels of 3020.

The index has closed just below the support zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels.

Resistance for the index lies in the zone of 3050 to 3080 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3130 to 3150 where Fibonacci levels are lying.

Broad range for the index is seen between 2930 to 2950 on downside & 3100 to 3130 on upside.

Nifty Media Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Oct 03, 2017 – Oct 06, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.40%.

As we have mentioned last week, that support for the index lies in the zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels. During the week the index manages to hit a low of 2931 and close the week around the levels of 2984.

The index has closed just below the support zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels.

Resistance for the index lies in the zone of 3050 to 3080 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3130 to 3150 where Fibonacci levels are lying.

Broad range for the index is seen between 2900 to 2930 on downside & 3050 to 3100 on upside.

Nifty Media Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Sep 25, 2017 – Sep 29, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 2.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 3130 to 3150 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3200 to 3230. During the week the index manages to hit a high of 3179 and close the week around the levels of 3028.

Support for the index lies in the zone of 2980 to 3020 where break out levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2950 where Fibonacci levels.

Resistance for the index lies in the zone of 3050 to 3080 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3130 to 3150 where Fibonacci levels are lying.

Broad range for the index is seen between 2900 to 2930 on downside & 3100 to 3130 on upside.

Nifty Media Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Sep 18, 2017 – Sep 22, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that resistance for the index lies in the zone of 3070 to 3090 where medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3130 to 3150 where Fibonacci levels are lying. During the week the index manages to hit a high of 3109 and close the week around the levels of 3100.

Minor support for the index lies in the zone of 3020 to 3050. Support for the index lies in the zone of 2910 to 2950 where Fibonacci levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2750 to 2800 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3130 to 3150 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3200 to 3230.

Broad range for the index is seen between 3000 to 3030 on downside & 3200 to 3230 on upside.

Nifty Media Outlook for the Week (Sep 11, 2017 – Sep 15, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Sep 11, 2017 – Sep 15, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 3030 to 3060 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3100 where medium term moving averages are lying. During the week the index manages to hit a high of 3086 and close the week around the levels of 3040.

Minor support for the index lies in the zone of 3000 to 3020. Support for the index lies in the zone of 2910 to 2950 where Fibonacci levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2750 to 2800 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3070 to 3090 where medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3130 to 3150 where Fibonacci levels are lying.

Broad range for the index is seen between 2900 to 2930 on downside & 3130 to 3150 on upside.

Nifty Media Outlook for the Week (Sep 04, 2017 – Sep 08, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Sep 04, 2017 – Sep 08, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 3.30%.

As we have mentioned last week, that support for the index lies in the zone of 2910 to 2950 where Fibonacci levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2750 to 2800 where Fibonacci levels are lying. During the week the index manages to hit a low of 2929 and close the week around the levels of 3027,

Support for the index lies in the zone of 2910 to 2950 where Fibonacci levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2750 to 2800 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3030 to 3060 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3100 where medium term moving averages are lying.

Broad range for the index is seen between 2900 to 2930 on downside & 3130 to 3150 on upside.

Nifty Media Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Aug 28, 2017 – Sep 01, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.60%.

As we have mentioned last week, that support for the index lies in the zone of 2910 to 2950 where Fibonacci levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2750 to 2800 where Fibonacci levels are lying. During the week the index manages to hit a low of 2904 and close the week around the levels of 2930.

Support for the index lies in the zone of 2910 to 2950 where Fibonacci levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2750 to 2800 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3030 to 3060 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3100 where medium term moving averages are lying.

Broad range for the index is seen between 2850 to 2870 on downside & 3030 to 3050 on upside.

Nifty Media Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Aug 21, 2017 – Aug 25, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 2.60%.

As we have mentioned last week, that resistance for the index lies in the zone of 2910 to 2950 where Fibonacci levels and 200 daily moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3030 to 3060 where short term moving averages are lying. During the week the index manages to hit a high of 3013 and close the week around the levels of 2948.

Support for the index lies in the zone of 2910 to 2950 where Fibonacci levels and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2750 to 2800 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3030 to 3060 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3100 where medium term moving averages are lying.

Broad range for the index is seen between 2850 to 2870 on downside & 3030 to 3050 on upside.

Nifty Media Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Aug 14, 2017 – Aug 18, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 7.00%.

As we have mentioned last week, that minor support for the index lies in the zone of 3080 to 3100 where short term moving averages are lying. Support for the index lies in the zone of 3000 to 3030 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2940 where Fibonacci levels and 200 Daily moving averages are lying. During the week the index manages to hit a low of 2845 and close the week around the levels of 2873.

Support for the index lies in the zone of 2750 to 2800 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2670 to 2700 where break out levels for the index is lying.

Resistance for the index lies in the zone of 2910 to 2950 where Fibonacci levels and 200 daily moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3030 to 3060 where short term moving averages are lying.

Broad range for the index is seen between 2750 to 2770 on downside & 3000 to 3030 on upside.

Nifty Media Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Aug 07, 2017 – Aug 11, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.50%.

As we have mentioned last week that minor support for the index lies in the zone of 3080 to 3100. Support for the index lies in the zone of 3000 to 3030 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2940 where Fibonacci levels and 200 Daily moving averages are lying. During the week the index manages to hit a low of 3080 and close the week around the levels of 3092.

Minor support for the index lies in the zone of 3080 to 3100 where short term moving averages are lying. Support for the index lies in the zone of 3000 to 3030 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2940 where Fibonacci levels and 200 Daily moving averages are lying.

Resistance for the index lies in the zone of 3140 to 3160 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci level is lying.

Broad range for the index is seen between 2970 to 3000 on downside & 3200 to 3250 on upside.

Nifty Media Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (July 31, 2017 – Aug 04, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.60%.

As we have mentioned last week that minor support for the index lies in the zone of 3080 to 3100. Support for the index lies in the zone of 3000 to 3030 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2940 where Fibonacci levels and 200 Daily moving averages are lying. During the week the index manages to hit a low of 3083 and close the week around the levels of 3106.

Minor support for the index lies in the zone of 3080 to 3100. Support for the index lies in the zone of 3000 to 3030 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2940 where Fibonacci levels and 200 Daily moving averages are lying.

Resistance for the index lies in the zone of 3140 to 3160 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci level is lying.

Broad range for the index is seen between 3000 to 3030 on downside & 3270 to 3300 on upside.

Nifty Media Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (July 24, 2017 – July 28, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 3.00%.

As we have mentioned last week that minor resistance for the index lies in the zone of 3060 to 3080. Resistance for the index lies in the zone of 3130 to 3150 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci level is lying. During the week the index manages to hit a high of 3166 and close the week around the levels of 3158.

Minor support for the index lies in the zone of 3080 to 3100. Support for the index lies in the zone of 3000 to 3030 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 2910 to 2940 where Fibonacci levels and 200 Daily moving averages are lying.

Resistance for the index lies in the zone of 3130 to 3150 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci level is lying.

Broad range for the index is seen between 3000 to 3030 on downside & 3270 to 3300 on upside.

Nifty Media Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (July 17, 2017 – July 21, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.90%.

As we have mentioned last week that minor resistance for the index lies in the zone of 3060 to 3080. Resistance for the index lies in the zone of 3100 to 3150 where short & medium term moving averages and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci level is lying. During the week the index manages to hit a high of 3083 and close the week around the levels of 3065.

Minor support for the index lies in the zone of 3000 to 3030. Support for the index lies in the zone of 2900 to 2920 where Fibonacci levels and 200 Daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2800 to 2820 where Fibonacci level is lying.

Minor resistance for the index lies in the zone of 3060 to 3080. Resistance for the index lies in the zone of 3130 to 3150 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci level is lying.

Broad range for the index is seen between 2930 to 2960 on downside & 3150 to 3180 on upside.

Nifty Media Outlook for the Week (July 10, 2017 – July 14, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (July 10, 2017 – July 14, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.90%.

As we have mentioned last week that minor resistance for the index lies in the zone of 3000 to 3030. Resistance for the index lies in the zone of 3100 to 3150 where short & medium term moving averages and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci level is lying. During the week the index manages to hit a high of 3051 and close the week around the levels of 3038.

Minor support for the index lies in the zone of 2970 to 2980. Support for the index lies in the zone of 2900 to 2920 where Fibonacci levels and 200 Daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2800 to 2820 where Fibonacci level is lying.

Minor resistance for the index lies in the zone of 3060 to 3080. Resistance for the index lies in the zone of 3100 to 3150 where short & medium term moving averages and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci level is lying.

Broad range for the index is seen between 2900 to 2930 on downside & 3150 to 3180 on upside.

Nifty Media Outlook for the Week (July 03, 2017 – July 07, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (June 27, 2017 – June 30, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.80%.

As we have mentioned last week that support for the index lies in the zone of 3000 to 3020 from where the index broke out of February-2017 highs. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2920 where Fibonacci levels and 200 Daily moving averages are lying. During the week the index manages to hit a low of 2916 and close the week around the levels of 2982.

Support for the index lies in the zone of 2900 to 2920 where Fibonacci levels and 200 Daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2800 to 2820 where Fibonacci level is lying.

Minor resistance for the index lies in the zone of 3000 to 3030. Resistance for the index lies in the zone of 3100 to 3150 where short & medium term moving averages and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci level is lying.

Broad range for the index is seen between 2900 to 2930 on downside & 3150 to 3180 on upside.

Nifty Media Outlook for the Week (June 27, 2017 – June 30, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (June 27, 2017 – June 30, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.80%.

As we have mentioned last week that minor support for the index lies in the zone of 3070 to 3080. Support for the index lies in the zone of 3000 to 3020 from where the index broke out of February-2017 highs. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2920 where Fibonacci levels and 200 Daily moving averages are lying. During the week the index manages to hit a low of 3030 and close the week around the levels of 3038.

Support for the index lies in the zone of 3000 to 3020 from where the index broke out of February-2017 highs. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2920 where Fibonacci levels and 200 Daily moving averages are lying.

Minor resistance for the index lies in the zone of 3060 to 3090. Resistance for the index lies in the zone of 3130 to 3160 where short term moving averages and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci level is lying.

Broad range for the index is seen between 2900 to 2930 on downside & 3150 to 3180 on upside.

Nifty Media Outlook for the Week (June 19, 2017 – June 23, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (June 19, 2017 – June 23, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on absolutely flat note.

As we have mentioned last week that minor resistance for the index lies in the zone of 3100 to 3120. Resistance for the index lies in the zone of 3160 to 3200 from where the index broke down on intraday basis and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci extension is lying. During the week the index manages to hit a high of 3109 and close the week around the levels of 3095.

Minor support for the index lies in the zone of 3070 to 3080. Support for the index lies in the zone of 3000 to 3020 from where the index broke out of February-2017 highs. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2920 where Fibonacci levels and 200 Daily moving averages are lying.

Minor resistance for the index lies in the zone of 3110 to 3120. Resistance for the index lies in the zone of 3160 to 3200 from where the index broke down on intraday basis and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci level is lying.

Broad range for the index is seen between 2950 to 2980 on downside & 3200 to 3230 on upside.

Nifty Media Outlook for the Week (June 12, 2017 – June 16, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (June 12, 2017 – June 16, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.50%.

As we have mentioned last week that minor support for the index lies in the zone of 3070 to 3090. Support for the index lies in the zone of 3020 to 3040 from where the index broke out of February-2017 highs and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2920 where Fibonacci levels and 200 Daily moving averages are lying. During the week the index manages to hit a low of 3068 and close the week around the levels of 3096.

Minor support for the index lies in the zone of 3070 to 3090. Support for the index lies in the zone of 3000 to 3020 from where the index broke out of February-2017 highs. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2920 where Fibonacci levels and 200 Daily moving averages are lying.

Minor resistance for the index lies in the zone of 3100 to 3120. Resistance for the index lies in the zone of 3160 to 3200 from where the index broke down on intraday basis and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci extension is lying.

Broad range for the index is seen between 2950 to 2980 on downside & 3200 to 3230 on upside.

Nifty Media Outlook for the Week (June 05, 2017 – June 09, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (June 05, 2017 – June 09, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.70%.

As we have mentioned last week that support for the index lies in the zone of 3020 to 3040 from where the index broke out of February-2017 highs and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2920 where Fibonacci levels and 200 Daily moving averages are lying. During the week the index manages to hit a low of 3034 and close the week around the levels of 3109.

Minor support for the index lies in the zone of 3070 to 3090. Support for the index lies in the zone of 3020 to 3040 from where the index broke out of February-2017 highs and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2920 where Fibonacci levels and 200 Daily moving averages are lying.

Minor resistance for the index lies in the zone of 3100 to 3120. Resistance for the index lies in the zone of 3160 to 3200 from where the index broke down on intraday basis and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci extension is lying.

Broad range for the index is seen between 2950 to 2980 on downside & 3200 to 3230 on upside.

Nifty Media Outlook for the Week (May 29, 2017 – June 02, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (May 29, 2017 – June 02, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.50%.

As we have mentioned last week that minor resistance for the index lies in the zone of 3160 to 3200. Resistance for the index lies in the zone of 3250 to 3300 where the index has made a double top pattern and Fibonacci extension is lying. If the index manages to close above these levels then the index can move to the levels of 3390 to 3420. During the week the index manages to hit a high of 3160 and close the week around the levels of 3089.

Support for the index lies in the zone of 3020 to 3040 from where the index broke out of February-2017 highs and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2920 where Fibonacci levels and 200 Daily moving averages are lying.

Minor resistance for the index lies in the zone of 3100 to 3120. Resistance for the index lies in the zone of 3160 to 3200 from where the index broke down on intraday basis and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3250 to 3300 where the index has made a double top pattern and Fibonacci extension is lying.

Broad range for the index is seen between 2950 to 2980 on downside & 3200 to 3230 on upside.

Nifty Media Outlook for the Week (May 22, 2017 – May 26, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (May 22, 2017 – May 26, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 2.30%.

As we have mentioned last week that minor support for the index lies in the zone of 3160 to 3180. Support for the index lies in the zone of 3100 to 3110 from where the index broke out after consolidation and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3030 to 3070 from where the index broke out of February-2017 highs. During the week the index manages to hit a low of 3102 and close the week around the levels of 3136.

Support for the index lies in the zone of 3100 to 3110 from where the index broke out after consolidation. If the index manages to close below these levels then the index can drift to the levels of 3030 to 3070 from where the index broke out of February-2017 highs.

Minor resistance for the index lies in the zone of 3160 to 3200. Resistance for the index lies in the zone of 3250 to 3300 where the index has made a double top pattern and Fibonacci extension is lying. If the index manages to close above these levels then the index can move to the levels of 3390 to 3420.

Broad range for the index is seen between 3000 to 3030 on downside & 3250 to 3280 on upside.

Nifty Media Outlook for the Week (May 15, 2017 – May 19, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (May 15, 2017 – May 19, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 2.90%.

As we have mentioned last week that support for the index lies in the zone of 3100 to 3110 from where the index broke out after consolidation and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3030 to 3070 from where the index broke out of February-2017 highs. During the week the index manages to hit a low of 3094 and close the week around the levels of 3210.

Minor support for the index lies in the zone of 3160 to 3180. Support for the index lies in the zone of 3100 to 3110 from where the index broke out after consolidation and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3030 to 3070 from where the index broke out of February-2017 highs.

Resistance for the index lies in the zone of 3250 to 3300 where the index has made a double top pattern and Fibonacci extension is lying. If the index manages to close above these levels then the index can move to the levels of 3390 to 3420.

Broad range for the index is seen between 3100 to 3130 on downside & 3300 to 3330 on upside.

Nifty Media Outlook for the Week (May 08, 2017 – May 12, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (May 08, 2017 – May 12, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 4.00%.

As we have mentioned last week that minor support for the index lies in the zone of 3210 to 3230. Support for the index lies in the zone of 3140 to 3150 from where the index broke out of the October-2016 highs. If the index manages to close below these levels then the index can drift to the levels of 3100 to 3110 from where the index broke out after consolidation. During the week the index manages to hit a low of 3114 and close the week around the levels of 3119.

Support for the index lies in the zone of 3100 to 3110 from where the index broke out after consolidation and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3030 to 3070 from where the index broke out of February-2017 highs.

Resistance for the index lies in the zone of 3130 to 3160 where lows of the month of April-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 3230 to 3270 where the index has formed a short term top.

Broad range for the index is seen between 3030 to 3050 on downside & 3220 to 3250 on upside.

Nifty Media Outlook for the Week (May 02, 2017 – May 05, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (May 02, 2017 – May 05, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.40%.

As we have mentioned last week that minor support for the index lies in the zone of 3210 to 3230. Support for the index lies in the zone of 3140 to 3150 from where the index broke out of the October-2016 highs. If the index manages to close below these levels then the index can drift to the levels of 3100 to 3110 from where the index broke out after consolidation. During the week the index manages to hit a low of 3228 and close the week around the levels of 3252.

Minor support for the index lies in the zone of 3210 to 3230. Support for the index lies in the zone of 3140 to 3150 from where the index broke out of the October-2016 highs. If the index manages to close below these levels then the index can drift to the levels of 3100 to 3110 from where the index broke out after consolidation.

Resistance for the index lies in the zone of 3260 to 3280. If the index manages to close above these levels then the index can move to the levels of 3320 to 3350 where Fibonacci extension is lying.

Broad range for the index is seen between 3150 to 3180 on downside & 3320 to 3350 on upside.

Nifty Media Outlook for the Week (April 24, 2017 – April 28, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (April 24, 2017 – April 28, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 3.40%.

As we have mentioned last week that support for the index lies in the zone of 3140 to 3150 from where the index broke out of the October-2016 highs. If the index manages to close below these levels then the index can drift to the levels of 3100 to 3110 from where the index broke out after consolidation. During the week the index manages to hit a low of 3133 and close the week around the levels of 3266.

Minor support for the index lies in the zone of 3210 to 3230. Support for the index lies in the zone of 3140 to 3150 from where the index broke out of the October-2016 highs. If the index manages to close below these levels then the index can drift to the levels of 3100 to 3110 from where the index broke out after consolidation.

Resistance for the index lies in the zone of 3240 to 3260. If the index manages to close above these levels then the index can move to the levels of 3310 to 3320 where Fibonacci extension is lying.

Broad range for the index is seen between 3150 to 3180 on downside & 3320 to 3350 on upside.

Nifty Media Outlook for the Week (April 17, 2017 – April 21, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (April 17, 2017 – April 21, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.50%.

As we have mentioned last week that support for the index lies in the zone of 3140 to 3150 from where the index broke out of the October-2016 highs. If the index manages to close below these levels then the index can drift to the levels of 3100 to 3110 from where the index broke out after consolidation. During the week the index manages to hit a low of 3153 and close the week around the levels of 3158.

Support for the index lies in the zone of 3140 to 3150 from where the index broke out of the October-2016 highs. If the index manages to close below these levels then the index can drift to the levels of 3100 to 3110 from where the index broke out after consolidation.

Minor resistance for the index lies in the zone of 3180 to 3200. Resistance for the index lies in the zone of 3240 to 3260. If the index manages to close above these levels then the index can move to the levels of 3310 to 3320 where Fibonacci extension is lying.

Broad range for the index is seen between 3050 to 3080 on downside & 3260 to 3280 on upside.

Nifty Media Outlook for the Week (April 10, 2017 – April 13, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (April 10, 2017 – April 13, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 1.00%.

As we have mentioned last week that support for the index lies in the zone of 3140 to 3150 from where the index broke out of the October-2016 highs. Support for the index lies in the zone of 3100 to 3110 from where the index broke out after consolidation. If the index manages to close below these levels then the index can drift to the levels of 3040 to 3060 where the index has taken multiple support and index broke out of February-2017 highs. During the week the index manages to hit a low of 3150 and close the week around the levels of 3205.

Support for the index lies in the zone of 3140 to 3150 from where the index broke out of the October-2016 highs. If the index manages to close below these levels then the index can drift to the levels of 3100 to 3110 from where the index broke out after consolidation.

The index is trading at all time highs so virtually no resistance is visible. Resistance for the index lies in the zone of 3240 to 3260. If the index manages to close above these levels then the index can move to the levels of 3310 to 3320 where Fibonacci extension is lying.

Broad range for the index is seen between 3080 to 3100 on downside & 3280 to 3300 on upside.

Nifty Media Outlook for the Week (April 03, 2017 – April 07, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (April 03, 2017 – April 07, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 2.70%.

As we have mentioned last week that support for the index lies in the zone of 3030 to 3050 from where the index broke out of the February-2017 highs. Support for the index lies in the zone of 2975 to 3000 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2920 to 2940 where the index has taken multiple support. During the week the index manages to hit a low of 3077 and close the week around the levels of 3174.

Support for the index lies in the zone of 3140 to 3150 from where the index broke out of the October-2016 highs. Support for the index lies in the zone of 3100 to 3110 from where the index broke out after consolidation. If the index manages to close below these levels then the index can drift to the levels of 3040 to 3060 where the index has taken multiple support and index broke out of February-2017 highs.

The index is trading at all time highs so virtually no resistance is visible. Resistance for the index lies in the zone of 3200 to 3230. If the index manages to close above these levels then the index can move to the levels of 3310 to 3320 where Fibonacci extension is lying.

Broad range for the index is seen between 3080 to 3100 on downside & 3280 to 3300 on upside.

Nifty Media Outlook for the Week (March 27, 2017 – March 31, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week (March 27, 2017 – March 31, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.20%.

As we have mentioned last week that minor resistance for the index lies in the zone of 3080 to 3100. Resistance for the index lies in the zone of 3140 to 3160 where life time highs for the index is lying. During the week the index manages to hit a high of 3113 and close the week around the levels of 3089.

Support for the index lies in the zone of 3030 to 3050 from where the index broke out of the February-2017 highs. Support for the index lies in the zone of 2975 to 3000 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2920 to 2940 where the index has taken multiple support.

Minor resistance for the index lies in the zone of 3080 to 3100. Resistance for the index lies in the zone of 3140 to 3160 where life time highs for the index is lying.

Broad range for the index is seen between 3000 to 3030 on downside & 3150 to 3170 on upside.

Nifty Media Outlook for the Week (March 20, 2017 – March 24, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week (March 20, 2017 – March 24, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.90%.

As we have mentioned last week that minor resistance for the index lies in the zone of 3080 to 3100. Resistance for the index lies in the zone of 3140 to 3160 where life time highs for the index is lying. During the week the index manages to hit a high of 3126 and close the week around the levels of 3082.

Support for the index lies in the zone of 3030 to 3050 from where the index broke out of the February-2017 highs. Support for the index lies in the zone of 2975 to 3000 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2920 to 2940 where the index has taken multiple support.

Minor resistance for the index lies in the zone of 3080 to 3100. Resistance for the index lies in the zone of 3140 to 3160 where life time highs for the index is lying.

Broad range for the index is seen between 3000 to 3030 on downside & 3150 to 3170 on upside.

Nifty Media Outlook for the Week (March 14, 2017 – March 17, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week (March 14, 2017 – March 17, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 2.50%.

As we have mentioned last week that resistance for the index lies in the zone of 3020 to 3030 where the index has made a short term top. If the index manages to close above these levels then the index can move to the levels of 3080 to 3100. During the week the index manages to hit a high of 3076 and close the week around the levels of 3056.

Minor support for the index lies in the zone of 3020 to 3030. Support for the index lies in the zone of 2975 to 3000 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 2920 to 2940 where the index has taken multiple support.

Minor resistance for the index lies in the zone of 3080 to 3100. Resistance for the index lies in the zone of 3140 to 3160 where life time highs for the index is lying.

Broad range for the index is seen between 2930 to 2960 on downside & 3140 to 3160 on upside.

Nifty Media Outlook for the Week (March 06, 2017 – March 10, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week (March 06, 2017 – March 10, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.10%.

As we have mentioned last week that minor support for the index lies in the zone of 2960 to 2980. Support for the index lies in the zone of 2920 to 2940 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 2860 to 2880 where the index had gap up opening on 03/02/2017. During the week the index manages to hit a low of 2967 and close the week around the levels of 2995.

Minor support for the index lies in the zone of 2960 to 2980. Support for the index lies in the zone of 2920 to 2940 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 2860 to 2880 where the index had gap up opening on 03/02/2017.

Resistance for the index lies in the zone of 3020 to 3030 where the index has made a short term top. If the index manages to close above these levels then the index can move to the levels of 3080 to 3100.

Broad range for the index is seen between 2920 to 2940 on downside to 3050 to 3070 on upside.

Nifty Media Outlook for the Week (February 27, 2017 – March 03, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week (February 27, 2017 – March 03, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 0.10%.

As we have mentioned last week that minor support for the index lies in the zone of 2960 to 2980. Support for the index lies in the zone of 2920 to 2940 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 2860 to 2880 where the index had gap up opening on 03/02/2017. During the week the index manages to hit a low of 2967 and close the week around the levels of 2995.

Minor support for the index lies in the zone of 2960 to 2980. Support for the index lies in the zone of 2920 to 2940 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 2860 to 2880 where the index had gap up opening on 03/02/2017.

Resistance for the index lies in the zone of 3020 to 3030 where the index has made a short term top. If the index manages to close above these levels then the index can move to the levels of 3080 to 3100.

Broad range for the index is seen between 2920 to 2940 on downside to 3050 to 3070 on upside.

Nifty Media Outlook for the Week (February 20, 2017 – February 24, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week (February 20, 2017 – February 24, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.70%.

Minor support for the index lies in the zone of 2960 to 2980. Support for the index lies in the zone of 2920 to 2940 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 2860 to 2880 where the index had gap up opening on 03/02/2017.

Resistance for the index lies in the zone of 3020 to 3030 where the index has made a short term top. If the index manages to close above these levels then the index can move to the levels of 3080 to 3100.

Broad range for the index is seen between 2920 to 2940 on downside to 3050 to 3070 on upside.