AbhishekHSinghCMT
Long

Dish TV - 103.50 Faulty Channel- Timely Warning Issued

NSE:DISHTV   DISH TV INDIA LTD
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Channels beyond 103.50 won't be working properly - a warning was issued in the previous update -

Connectivity issue- Check for restrictions till 101


What Next?
Either moving above 103.50 - it will start working properly or need to do trial & error close to 98-99 zone- can help Dish TV to resume it services back. Downside trial & error should be done under guidance of an experienced person as satellite adjustments is a tricky subject.

Likely a complex correction unfolding & channels could resume smoothly once, going above 103.50 which is the safest strategy.
Trade active: 11:59 Hrs 18th April2017

Last Price@99.60

Heading into 98-99 Zone

Trade closed: target reached: 09:53 Hrs 21st April2017

Recent Low@97.55 fulfills the target expected between 98-99 Zone

Enjoyed the fall from 103.50 to 98-99 & Excited- Why Read the new update
Trade closed: target reached: 09:05 Hrs 21st April2017

Final chart in this update- completes at 97.55 lows

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - India
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Habit!! It has breakout of few days .. lets see where it is going
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