sachinnagpal1982

TVToday - Bullish trade

Long
NSE:TVTODAY   TV TODAY NETWORK
Complete media sector is in flavour post big rally in Zeel.

This stock gave a breakout from inverted head & shoulder pattern in weekly chart which clearly indicates that long term downtrend is changing.

You can go log at CMP, add more on dips. Hold patiently for another 6-12 months and hopefully this pattern will show you first target of 430 and second target of 540.
Traders can keep a sl of closing below 270.

Good luck.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.