Dish TV - 34% Growth Expected In Coming Few DaysThe 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.
DISHTV trade ideas
Ascending Channel Formation in DishTVParallel Channel Formation on Weekly Timeframe:
Long Entry
Current Price: 14.70
Target: 20.20, 24.05
NSE:DISHTV
SL: 9.20
Disclaimer: I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational and educational purposes only and does not constitute financial advice.
20.10 Soon looks like 7.30 going to be tested might be front run , good spot to jump on with a golden cross forming and 20.10 looking very realistic and fast.
Again buy n forget kinda trade.
think its got decent FA with yes bank investing in it for 24.19% so am sure they have done their due dillegence.
As for TA wise nice buy ... 7.30-50.90 again not bad returns for mid term .
Get in now or let it be ....7.30 -20.10 Hey ,
looks like its coming down to test 7.30 if it does won't mind a small bag of this since on the HTF it looks like
7.30 - 51.50 by March 2021 which is a decent return
On the 4 hr its almost formed a golden cross though on the daily we have room to move hence the probability of it coming down to test the 99 day around 7.30 .
Since its a penny stock its irritating to trade so best to buy and forget even if its a minuscule amount .
Levels marked on chart, buy red sell green again since it will either hit an upper or a lower circuit just be happy with whatever your personal target is.
mid term it might hit 97 by the summer of 2023 .