Trade on breakout. Consider breakout, if the candle closes below or above the lines drawn. Note : Education purpose only.
Short with aforesaid stop loss
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 If you like my ideas "HIT LIKE" button
It's in Downtrend in Monthly and weekly timeframe also Details in chart.
Short below 36.6 with SL 38.7 T1 35.2 T2 33.65 T3 32.3
Continuation of Downtrend. Short with stop loss. My Entry - NRML DISHTV18DECFUT NFO -8000 37.35 36.80 +4,400.00
INTRADAY TRADE (TRADE FOR TOMORROW | OCTOBER 30, 2018) DISH TV #BUY ABOVE 43.75
Dish TV has broken monthly key support levels. As long as it stays below 70 we can expect new all time lows !!
Short DISHTV at CMP (54) T1: 49 T2: 45.60 T3: 44 T4: 41.50 SL: 58.20
DISHTV after breaking the major trendline has been moving sideways since mid 2017 1) A close below 66 on weekly chart coul open up a big downside 2) A close above 77 could open up a big upside (with the upsloping major trendline acting as resistance) Do consider these factors before taking any position in DishTV
Buy DISHTV at CMP (58.50) T1: 62.50 T2: 65 T3: 67 T4: 69 SL: 55
Short Dish TV between 72 -72.40 T1: 71 T2: 69.50 T3: 68.50 SL: 73.25
Long DishTV check chart for details