After falling on high volume, the stock price closed higher on a higher than previous day volume.
Also, Price Volume Trend (similar to On Balance Volume) is higher, thus there should be strength in the trend.
Entry: around close of 2019-01-28 around 23.9
Stoploss: around low of 2019-01-28 at 19
Target: around support 1 (Fibonacci Pivot Points) around 33
Dishtv broke the Market Profile Resistance - A good buy for 20% return in short duration
Market profile helps us to find the Value area acceptance and Rejection, Because Price a representation of Value. So price analysis is not required very much
Details mentioned in chart
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