DISHTV trade ideas
#DISHTVDISH TV INDIA LTD.
Sector: Consumer Cyclicals
Industry: Broadcasting
Employees: 596
Dish TV India Limited is engaged in the business of direct to home (DTH) and teleport services. The Company's segments include DTH and Teleport Service, and Infra Support Services. It is also engaged in the business of broadcasting of other satellite telecommunications activities. Its products include DishHD+ with Recorder, Dish+, DishFlix and Dish on Wheels. It provides three kinds of set top boxes: DISH HD+ with Recorder, which provides hi-definition signals for picture quality along with the power to pause, record and rewind live television and Digital Set-Top-Box, which allows customers to record programs of their choice. Its services include active services, movie on demand, multilingual services and miniplex. Its active services include Music Active, GAMES ACTIVE and JOBS ACTIVE. Its multilingual services allow customers to watch their programs in various languages, such as Hindi, Kannada, Telugu, Marathi, Gujarati, Bengali and Urdu. It also offers do-it-yourself services.
DISH TV....Dish TV from the lows of 11.9 on 27/10/2008 is making a diagonal advance..according the pattern wave 1,2,3 are complete with wave 3 being smaller than wave1.Wave b of 4 is going on at present.. I expect wave b to finish soon followed by an impulsive c wave which should take the prices to 60 lvls..
Accumulate shorts above 100 with SL of 151 (for risk takers) & 125 (low risk traders)