praveen.bhatiya
Long

Action/Reaction long good RR ratio

NSE:DISHTV   DISH TV INDIA LTD
The stock has nicely formed parallel Channel and gave valid breakout. It is retesting the upper line from above. Today's engulfing showing buyers are emerging at this level. One can buy the stock at current level providing stop loss of low of today and can expect the target of 90. It offers a good Risk of Reward ratio.
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