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Marketik
Feb 16, 2024 2:24 PM

DishTV Breaks Major Resistance on High Volume, Closed Strong Long

DISH TV INDIA LTDNSE

Description

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.
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