TV18 BROADCAST LTD -- Multiyear BreakoutTV18 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 bullish , next resistance around 125-130
we can see this target 6 month time from current cmp 79.95
3. Technical indicators MA, EMA bullish crossover seen on this chart .
4.Daily RSI at 66 level which is agian bullish indicator.
5. MACD above signal and center line
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. !..Trade at own risk.
HAPPY TRADING. !
BROADCAST
TV18 BROADCAST LTD -- INTRADAY SETUP -- 28/03/2022TV18 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. !
TV18 Broadcast: Small risk tradeShort at: 65
SL : 68
Target: 57.65
Risk= 3rs
Reward = 7.35
Risk:Reward = 2.45 (favorable)
Happy trading!
