Last Price@103.85
Pushed in choppy move upside as updated in previous post from lows of 101.30
Funny -when you get message on your TV screen - no signal due to bad weather conditions & you must have said this often- Dish People have gone crazy- "Weather toh sab aacha hai bahar & you peep through window to satisfy your emotions.
These temporary issues are...
Dear dish tv bad days are coming for you like other telecome operators. friends once i got trade setup in dis i will share with you all so stay tuned for next update.
hit like if you agree with the plan and follow me for more updates and ideas.i really appreciate your support and feedback.
regards
king 999
The move from 65 lows in Feb2016 has been complete choppy & a hard move upside. Such moves are very tough to count as they can give nightmares but gave an attempt.
It looks a corrective (W)- (X)- (Y) sequence & currently running in (Y) wave nested structure. In (Y) wave it is an impulsive structure.
From 85.30 lows it had sharp upside move till 109.80 - post that...
I'm looking to enter only after close above 105.20 for Target of 107/108/110
with stop of 100
if price fails to hold CMP the drops further then the You can look for rebounding in Next few days
Cheers
-Dish tv monthly chart indicates good signs ahead
-RSI giving a TL breakout
-Feb month with relatively low trading days have a good bullish candlestick, is this a sign of bullishness?
After Going though the chart its interesting to know it will head towards 104 after making small retrace so I will be looking sell short at or above 107.90 with stop 109.35 for target of 105.50/104
Cheers
Hello Traders,
Price has broken out from a symmetrical triangle on DishTV weekly chart. We should see price making a bullish move in coming days.
Target: 140
Stoploss: 90
Happy Trading!!!
Dish TV has witnessed a breakout from a bottom triangle formation, which is a bullish pattern, indicating change in trend.In the chart attached, two trendlines are converging and a breakout from this pattern on good volumes, indicates bullishness.Target is Rs 116/123 and stop loss Rs 92 on a closing basis.
Dish Tv has not broken good supports in such weak markets and in fact recovered from it's support levels. It has also given a hammer candlestick pattern close to it;s support and the next candle has also closed with a low above the low of the previous candle and above the high of the hammer candle. So a swing trade for targets of around 95.50 is in offing.
