 "A file photo of cinema-goers wearing 3D glasses watch a movie at a PVR Multiplex in Mumbai")
Stocks of multiplex operators have been under pressure ever since the government announced a nationwide lockdown to arrest the spread of the Covid-19 pandemic. However, things may change for better with reports suggesting cinema halls and multiplexes may re-open from August 1 under the Unlock 3.0 to be announced by the government over the next few days. READ ABOUT IT HERE
Here is a look at what technical indicators suggest for key multiplex and media stocks, and how you should trade them.
NIFTY MEDIA: A positive crossover of 50-day moving average (DMA) with 100-DMA has given a fresh
