As explained in chart stock has given 10 year old breakout if stock sustains above this level in weekly time frame then we can see the level of 130 within few months
earlier idea target of 70 also achieved
Now TV18 was ruling many investors watch list
it was following the pattern some how...
we can take the entry near by 43-44
reason for taking this trade : we can see the huge buying pressure on 14/6/2021
we can assume that investors are wait to invest in this stock when they get good price and the marked 43 as the good supply zone
Reasons to buy:
➡️TV18 Broadcast Limited is an Indian entity belonging to Network 18 Group backed by RIL. TV18 owns and operates various channels of the such as CNBC TV18, CNBC Awaaz & CNBC-TV18 Prime HD as well as WarnerMedia - CNN-News18.
➡️Stock price has already broken out on the daily and weekly chart by trading above 38 levels.
➡️Short term trend of the...