Network18 Media & Investments Ltd. (CMP: ₹59, Stop Loss: ₹54) gained 7% today, continuing its trend of forming and breaking out of new price bases. The stock is nearing its 200-day moving average, a key level that could signal the start of a long-term uptrend if surpassed. A potential MACD crossover with the signal line may further confirm bullish momentum in the sessions ahead.

Source: NSE

Network18 Media and Investments operates in the digital and broadcast media space, covering general and business news as well as entertainment content. The company also generates revenue from licensing, merchandising, live events, OTT platforms, and branded content partnerships.

RHI Magnesita India Ltd. (CMP ₹526, Stop Loss ₹480) surged 5% today, breaking through its Anchored VWAP resistance for the third time. The breakout was supported by a noticeable increase in volume, indicating potential institutional interest. The stock is currently trading above its 9-day and 21-day moving averages, suggesting a short-term bullish trend. Additionally, the MACD indicator is showing signs of strengthening momentum, pointing to a possible continuation of the upward move.

Source: NSE

RHI Magnesita India is engaged in the manufacturing and trading of refractories, monolithics, bricks, and ceramic paper, which are essential components used in high-temperature industrial processes.


Both RHI Magnesita India and Network18 Media are showing strong technical setups with volume confirmation, positive momentum indicators, and trend alignment. These signals position them as potential breakout candidates to watch in the near term.

Note: Charts and prices are as of 1 PM.

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