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brutusdbrr
May 21, 2021 3:05 AM

TV18 nearing long term resistance . Potential breakout Long

TV18 BROADCAST LTDNSE

Description

NSE:TV18BRDCST nearing long term resistance with high volume .
Initiate long position if weekly candle closes above 41 . If it closes below 39 , chances to initiate a short position.
Comments
brutusdbrr
CMP 43.65 . Potential breakout If weekly candle closes above 42 today . SL below 39 .
brutusdbrr
I would not enter the trade yet . Will wait for next week candle closure
bardevolved
can you share your view now as the weekly close is below 41 ?
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