DISHTV after breaking the major trendline has been moving sideways since mid 2017
1) A close below 66 on weekly chart coul open up a big downside
2) A close above 77 could open up a big upside (with the upsloping major trendline acting as resistance)
Do consider these factors before taking any position in DishTV
1) A close below 66 on weekly chart coul open up a big downside
2) A close above 77 could open up a big upside (with the upsloping major trendline acting as resistance)
Do consider these factors before taking any position in DishTV
Comment:
Closed below 66 in mid Sep Hence expecting a big downside
Comment:
So far made a low of 50.55