Last time on similar pattern gave upside breakout of 20-30 %. Similar chart pattern in development. Great for swing trades and intraday. Also, there is divergence in RSI.
I literally searched twitter to see who predicted the surge in dishtv. You were one of only two, the other being Suresh Kedia.
Great work man
vky002
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Hi, do u think I should buy Disht TV at current price of 17 and what can be future price movements.
trader-for-fun
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@vky002, Hi, I mostly take trades before breakout. At CMP, I can't tell. Actually these are my supposed targets. See how this chart pattern worked last time. If u wanna bet then let it create a range first then buy, eg., inside candle setup on 5th may, followed with breakout on 10th May. Similarly inside candle setup on 14th may, followed with breakout on 25th May.
Great work man