DISHTV
#DISHTV long trade idea setup (10/02/24)Greetings Folks,
today I have prepared a setup of
NSE:DISHTV on NSE
the analysis is as follows-
- the price started a bullish trend after breaking out of equal high's range
- the price was quick to make a deep retracement, i am currently looking at this retracement as bullish confirmation
- the price may not retrace much deeper this time, that's why choosing the buying zone halfway of move
don't play with fire, always use a predefined stoploss
CNXMEDIADisclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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#DISHTV short trade idea setup 21/11/23Greetings Folks,
today I have prepared a setup of DISHTV on NSE
the analysis is as follows-
- the price recently broke out of a descending trendline
- it created a lot of imbalance in the process
- the imbalance is essential to get filled
- the price is also making a bearish pattern i.e head & shoulder
- trade when price break the neck of the pattern
don't play with fire, always use a predefined stoploss
DISHTVDISHTV:- Wait for the breakout, if the upside sustains then we may see upside movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
DISHTV Daily looking bullishDISHTV Daily has trendline breakout. Daily candle is bullish candle which is closed above 200 ema. Good to buy at 15 for target of 24 with sl below 12.30. The SL is kept at zone low. Today's candle closing is imp. It should maintain closing above 200 ema. But as the RR is good good to bet on it at 15 rs.
DISHTVDISHTV:- The stock has formed a cup and handle pattern and is about to breakout. Keep an eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
DISHTV Breakout continuationDISHTV broke out of its cup and handle pattern on the weekly chart in Sep'21. The stock has completed the Breakout-retest-continuation cycle and is now expected to continue in the direction of the breakout with measured move and 200WMA as price target of 27. Stop loss if the stock breaches 16.
Support-Resistance, Volume, Fibonacci, EMA & Breakout Case studyCase study of DISHTV for Educational Purpose.
This stock was facing resistance at particular level since last 2 years,
and also got consolidation in parallel channel from last 1 year,
now Stock making higher highs and higher lows ( Up Trend )
each and every time when price was correcting, the Volume was decreasing, which can makes conviction towards positive.
co-incidentally top of parallel channel and 2 years resistance level both are at same level,
finally it has given good breakout from that level, along with good intensity of volume,
and also price moved up more than 40% from that breakout level,
and now again it has corrected towards that same level in decreased volume.
Fibonacci Retracement level is 61.8 % from recent rally, which is healthy retracement to go long.
Now after Breakout that same Resistance became Support area, and has been retested too.
Co-incidentally weekly 100 ema and 20 sma are also at that same levels, and daily 50 dema and 100 dema are also at same levels,
Which makes supporting conviction more and more powerful to go long in this stock with stop loss of recent swing low
Stock making higher highs and higher lows ( Up Trend )
each and every time when price was correcting, the Volume was decreasing
Supports Combination
1 year consolidation in parallel channel
Breakout with good intensity of volume from 2 years resistance zone
Fibonacci Retracement level is 61.8 % from recent rally,
which is healthy retracement to go long
Daily macd positive crossover done
Weekly RSI uptick near 60
Weekly stochastic positive crossover
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
I am not responsible for your profits and losses
NSE:DISHTV LongNSE:DISHTV
#DISHTV Reached to support @17.3 and bounced back, One can buy @ CMP and maintain the SL 16.5.
F&O One Can try 18CE, SL remains Same.
One More blasting day,
when the whole market is in RED,
We managed to close in green with huge profits..
On a Whole, today Profits more than one lac excluding Cash and MCX segment,
Check out the scripts shared and results bagged.
#SBIN - 16K
#BHARTIARTL - 26K
#BATAINDIA - 21K
#CANBK - 19K
#IDEA - 28K
#SANGAMIND - 16% (Cash not F&O)
Happy Trading.
Don't Like or Share.
buy for swing trade, anticipating a trend reversal from hereprice can give a good bounce back from here
A good trader never predicts a move in stock market because nobody can predict the market. A good trader anticipate a move through his technical and fundamental analysis. And there is no 100% sure trade, there is always risk involved. Don't forget "Risk hai toh ishq hai ! "
#supply #demand #priceaction #price #support #resistance #position trade