Marketik

DishTV Breaks Major Resistance on High Volume, Closed Strong

Long
NSE:DISHTV   DISH TV INDIA LTD
1. RSI and Volume: RSI is rising, indicating increasing buying pressure. Volume is very high, confirming the breakout and suggesting strong bullish momentum.

2. ADX and MACD: ADX is rising, showing strength in the uptrend. MACD has likely experienced a bullish crossover, supporting the bullish move.

3. Higher Highs: The stock is making higher highs, indicating growing confidence among traders.

4. Crucial Levels: Breaking above major resistance levels with high volume and a strong weekly close indicates potential for further upside. Keep an eye on DishTV for potential bullish opportunities.

Join our community in telegram for real time updates --- telegram.me/marketiik

Telegram- telegram.me/marketiik

A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.