This is a reversal trade, although the stock is in a downtrend in Monthly time frame, it is in strong accumulation for the last 3 years. Monthly time frame shows price contraction, lows are moving higher and is ready to move to the major resistance zone of 24.45. For swing one can look for entry at 20rs zone - demand and look for a target of 24.45. For short...
Dishtv on a verge of breakout on a monthly timeframe at a good stage offering a good risk reward ratio Only for risky traders and not for a investor Risky traders can buy for 2x For a cautious and a low risk low risk investor here is the detail thread Buy range 20 to 25 Sl at 15 Tgt 35 50 80 Buy qty for low risk investor Buy qty 400 shares Investment amount...
In this stock we see that the RSI is moving upward and also there is central line crossover in MACD. Month by month we see increase in volume, stock recently closed above 23.35 which is strong resistance. Closes with good volume, so for long term view this stock may reach around 40. This is a best stock to have in a portfolio.
the scrip is still in formation of VCP and such a long consolidation may give huge upside once it breaks out. a close above 24 is required on weekly basis.
The TV has been making good volumes here RSI breakout might happen next Overall looks like it will go all time high. Lets see if it breaks the resistance. Keep a tight SL on lover levels
Buy Dish TV above 22.5 for the Target of 24.30-26.60-28.90-31.05-33.50 SL 27.99 Strategy : SBO + RSI < 60 + EMA above 20 & 50 Duration few weeks
DISHTV has given a clear breakout on Monthly time frame with maximum volumes since Jan 2020
DishTv looking good for swing trade. its already given breakout on weekly timeframe.
In this age of internet and mobile entertainment, is there a scope of survival for a satellite television provider? Well the above chart attempts to make a projection of the path the Dish TV stock can take in coming years based on the rules and guidelines of the Elliot wave theory. To highlight the most important thing about it, the stock had a clean impulsive...
The long VCP seems to be reaching its destination, a weekly closure above 24 with good volumes will confirm the same, if this played out well, we will be able to see the beauty of VCP, can easily become a doubler from here.
Dish Tv Down Trend Stock Turning into uptrend Making Ascending Triangle on weekly n monthly
Stock name = Dish Tv India Limited. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI...
Good chart set-up Ascending triangle chart set-up Risk reward super 18 stoploss 24 Target 1:4 No recommendation for buy and sell
DISHTV forming Inverse Head and Shoulder pattern ,so expect up rally in short term same time keep focus on SL.
DISH TV INDIA LTD Key highlights: 💡⚡ 📊On 1Day Time Frame Stock Showing Reversal of Broadening Wedge Pattern. 📊 It can give movement upto the Reversal target of Above 23+. 📊There have chances of Breakout of Resistance level too. 📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 30+. 📊 Can Go Long in this stock by placing stop...
DISHTV long set up If the prices cross 21.50 levels that would be the entry point with stop loss @ 16.30. With target 39, we can achieve over 3 risk reward ratio. RSI has been hoovering above 60. It looks like it has been making ascending triangle.
Chart is self explanatory. Please follow the price action & take the trade as per your appetite. The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other...