Long

TV18 BROADCAST LTD -- INTRADAY SETUP -- 28/03/2022

Updated
TV18 BROADCAST --INTRADAY PICK as on 28/03/2022

1. 15 min chart stock seen higher high bullish pattern formation of rising channel

2. Trendline support seen at near current cmp 72.90 .. stock take reversal from this support area nearby and bounce back to follow the same channel for confirmation of trend we buy above the last 1 green candle 73.50 for stop loss 70.75 and target of intraday will be 74-75-76

3. RSI on daily chart above 60 level indicate bullish trend .

4. MACD is also bullish signs.

BUY TV18 BROADCAST LTD above 73.50 intraday

target 74-75-76

stop loss 70.75

** this idea is for Educational purpose .. trade at own risk .1

EDUCATIONAL TIP.. avoid buy trade intraday if nifty open gap down more then 100 points .

HAPPY TRADING. !



Note
1st 5 min candle is bullish ..9.20 am 28.03/2022
Note
1st intraday target 74 HIT. !
Note
intraday high 74.90 TILL NOW 10.20 am
Note
tv18 broadcast from 73.50 high 74.90 GIVES MARGINAL PROFIT BOOKING OPPORTUNITY on intraday today !
BROADCASTChart PatternsintradayltdTrend Analysistv18

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