With a surge in weekly trading volume and the stock's potential to break its established trendline, TV18 Broadcast Ltd. emerges as an attractive buy recommendation. The rising trading activity signifies heightened investor interest, while the potential trendline breakout suggests a shift in trajectory, possibly indicating the onset of a new upward trend. This...
In the Weekly Chart of TV18BRDCST ,
we can see that; it has given Trendline breakout and retested it by creating a Hammer candle on it.
Enter on breaking its Hammer candle's HIGH with LOW as SL.
Hold till 56-60.
BUY - TV18 BROADCAST LTD
CMP - Rs. 39
Target - 1: Rs. 56
Target - 2: Rs. 70
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Timeframe - 6-9 months
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Technicals - Descending Channel Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Chances are there of a Bull Run ... Pattern and increasing volume suggest an up move.... Can use TP's as target levels or may use as support and resistance. Use No trade as accumulation area. Its only for educational purposes.
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
Subject: High Potential Long Trade Opportunity for 2X Return
Hello Friend's
I hope this message finds you well. I am reaching out to share an exciting long-trade opportunity that has the potential to yield a substantial return on investment.
After careful analysis and extensive research, I have identified a stock that exhibits strong growth prospects, solid...
NSE:TV18BRDCST has completed a rounding bottom and given a breakout above the neckline. Long trades can only be taken after close of candle above the neckline. There is also a chance that it will form a handle and the pattern can be cup and handle pattern.
Chart -> TV18 Daily
After a brief downtrend, the stock has created VCP at the bottom and broke out today with volume.
CMP: 32.75
Good Range: 30 to 32
Target: 34.50, 39.50
SL: 29.50 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before...
