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Sunandamedi
Jul 15, 2019 2:15 PM

DISH TV - OBSERVATIONS Long

DISH TV INDIA LTDNSE

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ZONE - 1 : NEGOTIATIONS WITH BHARTI-AIRTEL STARTED IN MARCH 2019, WITH PROMOTERS EXPECTING RS. 62/ SHARE. JIO & DEBT NEWS OF THE GROUP CAME OUT. MARKET PRICE HAS COME DOWN. STRATEGY OF BIG INVESTORS IS TO LOWER THE PRICE.

ZONE - 2 : Airtel Digital TV Enters Merger Talks With Dish TV To Become Largest DTH Operator In India WITH 62% MARKET SHARE. ACCUMULATION DONE AND THE NEWS IS LEAKED OUT. PRICES START RISING.

FUTURE : FROM DAY CHART AN INDICATION FOR BUY EMERGED ALREADY AND PRICE IS LIKELY TO GO UP TO 40 ONCE TRADING STARTS ABOVE 34.

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