The consolidation is expected to continue as long as the frontline indices trade below short-term moving averages. Below are some short-term trading ideas to consider.
Emkay Global Financial is bullish on Saregama India has recommended buy rating on the stock with a target price of Rs 580 in its research report dated November 06, 2024.
The music company, which has been trying to make a mark in the movie and OTT space, has already acquired Pocket Aces Pictures and is aiming to boost its content catalogue, the newspaper said
Saregama India stock had shed around 8 percent in its previous two-day fall.
Emkay Global Financial is bullish on Saregama India has recommended buy rating on the stock with a target price of Rs 580 in its research report dated August 24, 2024.
Emkay Global Financial is bullish on Saregama India has recommended buy rating on the stock with a target price of Rs 550 in its research report dated May 26, 2024.
If the Nifty 50 fails to maintain support at 21,930, then it could exacerbate panic in the market. On the higher end, resistance for the short term is positioned at 22,400.
Emkay Global Financial is bullish on Saregama India has recommended buy rating on the stock with a target price of Rs 465 in its research report dated December 09, 2023.
Saregama owns the largest music archives in India, nearly 50 percent of all the music ever recorded in India