tv18 is in long term down trend .... made tripple bottom on longer lower trendline.. in current movement now 43-50 area is closing and sustaining to break trendline and to move towards 72 area. which if break out and sustain may give pattern b.o. for further upmove. let us observe levels and patterns what it will do.. up or down?? decide on ur own.
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going by past movement it may puzzle one who observing its movement. as in this strong market of 2 year it is waiting for what to decide.??
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41.35 to 44 but range b.o. to be watch
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weekly closing around 50.. need to be watch... as seen in chart..it may give 10-12 year old triangle or inverted h&s pattern b.o. which may give 80-100 point upmove in long term.. pattern may 100% work or 100% fail. depend on funda,technical,market.other factors. decide on ur own risk is your
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