TV18BRDCST | Upto 30% | Inverted H&SAll information given is only for educational purposes. I am not a SEBI Registered analyst. Please consult your financial advisor before investing.
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0.75INR
1.162BINR
59.121BINR
1.714B
About TV18 BROADCAST LTD
Sector
Industry
CEO
Rahul Joshi
Website
Headquarters
Noida
Employees
4.246K
Founded
2005
ISIN
INE886H01027
TV18 Broadcast Ltd. operates as a television broadcasting network. It engages in entertainment channels, news broadcasting, digital content, and allied businesses. The company was founded by Raghav Bahl on June 6, 2005 and is headquartered in Noida, India.
TV18Broadcast: I H&S BO on Weekly ChartAn inverted Head and SHoulder pattern has been emerged on the weekly charts of NSE:TV18BRDCST
One can create a fresh position in the scrip near its current CMP of Rs. 43.05 or Below with a stop loss of Rs. 40 on Weekly closing basis for a target of Rs. 46/49/52
Exit the position if the stop los
TV18BRDCST
It has been moving under parallel channel and may try to hit upper edge of the channel.
Any BO above the channel may take it to uncharted territory. We will review it again later after BO
TV 18 is looking good on chart, from 45.55 to 80!,Sector positivTV 18 is looking good on chart, from 45.55 to 80!,Sector positive,
TV18BRDCSTTV18BRDCST
Buy above 46.1
SL below 36.75
Targets: 47.25/49.8/53.05/56.3 +
**For Educational purpose only**
WATCHOUT FOR THIS WEEKLY BREAKOUT IN TV-18The stock was in a bearish mode after it made a top in April 2022. It fell badly to previos support zone and retested, consolidated and now moving up with good volumes.
Now it is approaching it's strong resistance zone. I am expecting some profit booking first and some pullback and consolidation in
TV18BRDCST -LONG price breaking the neck line of inverted H&S pattern with huge volumes
price above EMAs
TV18- 130 levelsTV18 is showing strength today and is placed well with inverse head and shoulder pattern on weekly. Can move towards 86 and 130 levels.
Possible 9% short term gain TV18BRDCST is a stock where complex CWH is getting formed in Daily chart.
During handle formation, new higher low is getting created.
In this chart of 15 mins, similar pattern is observed as earlier when a strong 10% candle got formed for breakout. It is expected that either CWH pattern will give
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