NDTV Analysis & PredictionThis is the analysis of NDTV in Daily Time Frame. Watch carefully. The chart explains itself.
The stock managed to break the Rectangle Pattern with volume. Now retesting the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Rectangle Pattern Breakout is a bullish signal for stocks.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About NDTV :
New Delhi Television Ltd. engages in the provision of telecommunication, broadcasting, and information supply services. The company was founded by Prannoy Roy and Radhika Roy in 1984 and is headquartered in New Delhi, India.
Ndtvanalysis
NDTV - Ichimoku Bullish Breakout Stock Name - New Delhi Television Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at CMP, Small hurdle at previous swing high at 277 &
above 277 it can touch 292.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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