DISHTV 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.
Long just dial at current levels
Candle stick formation looks good in weekly chart with multiple rejections from a high demand zone and also a harmonic bat reversal pattern
Confirmation can be buying above 800 level
Possible targets on charts
SL of around 8-10%
Great risk reward NSE:JUSTDIAL
Jagsonpal has been following a very good trend from quite some time and itr is expected to give a good 10% return atleast in a short span of time it also has some good risk to rewardsd ratio where sl can be taken below trendline.
> Daily Chart
> If open and sustain above 127.75 by Monday.
> Good Volume
> Reversinge from low level
> Promotorr holding 67.29, DII increased holding from 4.91 to 6.55 (Mar21)
> CMP 127.45. Good to enter till 124 during.
> Suport 114 on closing basis
> May go 164
Dtd : 23rd May TheCharts
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ITC is one among the controversial stock of 2020.
Everyone is seeing value in business & company prospects but same is missing in stock. There are many reasons and all are subjective to conclude it simply, its not retailers logic which move the stock and ITC case is best fit.
Technically ITC is sitting at excellent setup, MAY give good momentum as recent spikes...