DISHTV trade ideas
DISHTV 24 || LONG || INTRADAYBUY above 24 SL 23
Targets 25, 26, 27, 28, 29, 30
OR
DISHTV 29AUG 24 CE (₹0.60)
Triple BottomTriple bottom formation. RSI at oversold position.
DISHTV is expected to bounce from 25.6 levels.
DISH TV - CLOSE ABOVE DOJI IN BULLISH ZONEDISH TV IS TRADING IN THE BULLISH ZONE.
TODAY CLOSE IS HIGHER THAN DOJI HIGH.
NEXT RESISTANCES ARE SEEN AT 34.65 AND 35.6.
STOP LOSS AT 32.6.
DISHTV Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
DISH TV - OBSERVATIONSZONE - 1 : NEGOTIATIONS WITH BHARTI-AIRTEL STARTED IN MARCH 2019, WITH PROMOTERS EXPECTING RS. 62/ SHARE. JIO & DEBT NEWS OF THE GROUP CAME OUT. MARKET PRICE HAS COME DOWN. STRATEGY OF BIG INVESTORS IS TO LOWER THE PRICE.
ZONE - 2 : Airtel Digital TV Enters Merger Talks With Dish TV To Become Largest DTH Operator In India WITH 62% MARKET SHARE. ACCUMULATION DONE AND THE NEWS IS LEAKED OUT. PRICES START RISING.
FUTURE : FROM DAY CHART AN INDICATION FOR BUY EMERGED ALREADY AND PRICE IS LIKELY TO GO UP TO 40 ONCE TRADING STARTS ABOVE 34.
DISH TV - READY FOR UP MOVE??DISH TV IS POSITIVE IN ALL FORMATS (HOUR, DAY & WEEKLY) EXCEPT 15M. PRICE IS AT THE SUPPORT LEVEL.
15M CHART WILL BECOME POSITIVE ONCE 28.2 IS CROSSED. THERE ARE THREE BLACK CROWS FORMATION AT THE END OF TODAY'S TRADING.
NEXT PRICE LEVELS ARE 30.15 AND 32.95. FIRST 30.15 HAVE TO BE CLEARED.
AS PER THE ICICI REPORT FUND MANAGERS HAVE INCREASED "In midcaps, stocks like Godrej Industries, Dish TV, Page Industries, Escorts, and Tata Global Beverages witnessed buying during May 2019."
MAY BE THE ACTION WILL START HENCEFORTH, AS THE JUNE QUARTER IS ALSO NEARING.
Dish tv - buy1) Momentum and volatility divergence - double bottom at key Fib level
2) company will profit from removal of key tv channel from free dd dish
3) IN Fy19 company wrote down goodwill from videocon merger
4) price wont fall below 27.5
LongOne can look for Going Long on Weekly reversal , this one is Going for Long term Target
No Questions in our Mind about this Forecast ,
The scrip has Made One Big Expanding Flat in the Middle of B wave , its due for Up side move now
Those who understand this can look to Go long on reversal conformation on weekly basis
This will give You Good Earnings , stay with it for long time to Get the best Benefit in it
LONGhead and shoulder pattern is formed.
with specified stoploss one can go long after valid breakout of 42.75.
DISHTV Double Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
