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CuriousChartist
Jul 15, 2020 6:50 AM

NETWORK18 

NETWORK 18 MEDIANSE

Description

Looks good in the short term for 49.65. (roughly 14% p.a.)

The RSI in this case looks promising for the up move. However be cautious and keep a stop loss at 42.85.

Comment

Stock showing strength even after the slip.

Comment

Stock reached the target and retraced.back to its support. Still very healthy.
Comments
Taurus333
Great analysis! Your charts are are really helpful! I am learning so much from you!
CuriousChartist
@himanshu93, Thank you
Taurus333
@CautiousChartist All 3 merger stocks(Hathaway, network 18,den) locked in upper circuit today. I had Hathway shares at average price of 24 and sold at 45 before UC. Lost some more gains if I had not sold.
CuriousChartist
@himanshu93, Trailing stop loss is the key
Taurus333
@CautiousChartist, Thanks!
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