TV18 BROADCAST LTD - MULTIYEAR BREAKOUT - 1. Monthly chart seen trendline breakout at 29-30 level from then stock face resistance around 38-42 level . this resistance has breakout convincingly in last few month .stock continuously bullish from this level . 2. last trading session multiyear resistance around -72-74 broken out with volume trend will be seen...
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...
Short at: 65 SL : 68 Target: 57.65 Risk= 3rs Reward = 7.35 Risk:Reward = 2.45 (favorable) Happy trading!