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marzil
Aug 22, 2018 8:45 AM

Buy TV18 below 50 Long

TV18 BROADCAST LTDNSE

Description

Analysis TLDR -

  • Expecting bullish divergence in play to continue.

  • Long term green support range holds.

  • Wave analysis shows first wave of a megatrend to be complete at ATH. A retrace of this wave is expected between 50-61.8% ideally. We're at 50% now.

  • Algorithms also expected to buy the .5 fib, target -0.236 (new ATHs). Algo involvement evident in history. Comment for proof.


Ideal entry - Below 50 bucks

Targets - Expecting ATHs in long term. Will update idea soon for a target with algo play shown.

Comment

Long term algo target - 91%

Comment

New idea coming soon for TV18 long position
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