rohitkukreja

Dish TV - 34% Growth Expected In Coming Few Days

Long
NSE:DISHTV   DISH TV INDIA LTD
The Price action is forming an Inverse Head And Shoulder with neckline of 16.5. Price is already above 200 Daily Moving Average. Media Sector may breakout soon which can push the prices of DISH TV higher.
Once the daily candle closes above, a Long can be initiated
Stop Loss- Below the lows of breakout candle with some buffer
Targets-
1. 19
2. 22.3

Place stop loss to entry once target 1 is achieved.

Always follow Risk Management and Position Sizing.

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