Bullsofodisha

TV18 BROADCAST: NEXT BIG THING FROM RELIANCE INDUSTRY🔥

Long
NSE:TV18BRDCST   TV18 BROADCAST LTD
Reasons to buy:

➡️TV18 Broadcast Limited is an Indian entity belonging to Network 18 Group backed by RIL. TV18 owns and operates various channels of the such as CNBC TV18, CNBC Awaaz & CNBC-TV18 Prime HD as well as WarnerMedia - CNN-News18.

➡️Stock price has already broken out on the daily and weekly chart by trading above 38 levels.

➡️Short term trend of the Stock is positive where it is trading above its 5,20 and 50-day EMA .

➡️ Stock price has been taking support at 50 day EMA since last many months.

➡️ Oscillators like RSI and MFI is showing strength in the current uptrend of the stock.

SHORT TERM TARGET : 50
Horizon: 2-4 weeks

LONG TERM TARGET: 70
Horizon: 52 Weeks