Dishtv is in accumulation mode.
Buy cmp 14 for target of 28.
Debt reduction, Management change many changes are in progress... One can hold for triple digit target in long term.
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.
DISHTV:- The stock has formed a cup and handle pattern and is about to breakout. Keep an eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned...
Higher lows at resistance.
Break of 20 will rally till 40-60.
Disturbance zone 60-80.
If it breaks 80 It may touch to 100 to previous resistance.
Bullish candle confirmation at Support.
Stoploss previous weekly candle low.
DISHTV broke out of its cup and handle pattern on the weekly chart in Sep'21. The stock has completed the Breakout-retest-continuation cycle and is now expected to continue in the direction of the breakout with measured move and 200WMA as price target of 27. Stop loss if the stock breaches 16.
DISH TV is a risky bet where there is impending news of a management change enforced by Yes Bank which invoked the shares pledged by the promoters.... stock is moving in a rising channel and has come out of a rounding bottom.. stop loss is Rs. 16/- on closing basis with target of Rs. 28.50/- Use own judgement for allocating capital.
Case study of DISHTV for Educational Purpose.
This stock was facing resistance at particular level since last 2 years,
and also got consolidation in parallel channel from last 1 year,
now Stock making higher highs and higher lows ( Up Trend )
each and every time when price was correcting, the Volume was decreasing, which can makes conviction towards...
Very Risky Trade
One can go long as stock is now showing positive move after continuously being in downtrend
and then consolidation
with SL of around 13-15% one can buy and keep on trailing the SL.
