Dish TV - Connectivity issue - Check for restrictions till 101

Last Price@103.85

Pushed in choppy move upside as updated in previous post from lows of 101.30

Funny -when you get message on your TV screen - no signal due to bad weather conditions & you must have said this often- Dish People have gone crazy- "Weather toh sab aacha hai bahar & you peep through window to satisfy your emotions.

These temporary issues are normal & Dish shall come back to its performance later. So, we look for this small temporary issue till 100-101 zone & later follow previous update as mentioned below.

The move from 101.30 recent low to 104.50 day’s high looks choppy & retraced 38.2% of the current fall –minimum bounce back which was required.

Another level upside, it can retrace if at all it extends then we will look for 105.50 where it will retrace 50% of the fall from 111-101.30

Finally, we are looking for a fall to the zone 100-101 where we will check again for the support. Incase, it holds in the zone 100-101 –we need a small push again upside for confirmation –if all goes well then our desired target zone of 111-112 will be met in future as stated in the analysis mentioned below.

Looking Higher for 110-112 zone - Think of taking long positions - do read the update

One thing at a time.

Looking for a fall out of this choppy consolidation in current scenario.

Trading Strategy

Risky Scenario – Dish TV should turn down from 104.50 current highs for 100-101 target zone or from 105-106 zone for 100-101 target zone.

Safe Scenario- Going below 102 we look for for 100.50-100.75 as target zone which is small but safe target

Trade active:

13:35 Hrs 7th April2017

Last Price@102.70

Fallen 1 point from updated price @103.85 above.

Trade closed: target reached:

14:35 Hrs 7th April2017

Last Price@101.40

Day Low@100.70 - Target Kissed.

Trade active:

09:57 Hrs 10th April2017

Last Price@99.10

Day low below 98 looks like good spot for risk takers to buy with that stops & safe traders we need to wait for some more confirmation.

Trade active:

10:45 Hrs 10th Apri2017

Last Price@101

Boom- Risk Takers Enjoy we entered again at bottom -if 98 level is holded downside - very much possible for upside for 110-112 zone. Too early to say anything but happy entered close to day low

Trade active:

14:21 Hrs 10th April2017

Last Price@101.10

Halted at 101.30-101.35 - Move above that will be good or Dish TV could have temp issue again so pick it again if you get chance in 98-98.50 zone.

Trade active:

14:35 Hrs 10th April2017

Last Price@102.45

Dish TV on Fire.

Trade active:

14:51 Hrs 10th April2017

Last Price@102.10

We are not carrying any position home as I am not ready to take any risk -if you can take risk with stops below 99 then can take else we plan to re-ener above 103.50 or close to 99.50-100 if 99 holds.

Trade active:

10:31 Hrs 11th April2017

Last Price@103

Day High@103.50 till 10:30 am

As suggested above 103.50 -we look to buy (dish tv turns exactly from 103.50) or close to 102-102.25 be careful downside as 101 should not be broken downside or

Safe buying above 103.50

Trade active:

10:29 Hrs 12th April2017

Last Price@101.30

Lucky here in Dish TV as well at 103.50

Trade active:

10:31 Hrs 12th April2017

Last Price@101.30