The stock has been consolidating in a range for a month and now getting ready for an upmove. Buy above 43.5 (day closing basis only) for a positional target of 50.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and...
TV18 has been hammered badly over the recent past. It could now start to move upwards after forming a rounding top and also a +ive RSI divergence.
As i already own it, i'd be tempted to average above 43.50 first and then again above 52.
Stoploss for the first trade would be below 40.
A good multiyear breakout and a beautiful rounding bottom pattern is formed on TV 18 and stock closing above crucial levels is a good bet to be played on.
NOTE - THIS IS JUST FOR EDUCATIONAL PURPOSE SO TRADE WITH YOUR OWN RISK AND ONLY AFTER CONSULTING YOUR ADVISOR.
TV18BRDCST
Stock is showing good strength. good sector growth.
Near its support area is a good buy in this volatile market trading stocks near their 52 week high.
Stop loss on closing basis 69.
Targets as per convenient.
@TheBreakOut
@investing
@forextidings @investment_ @vivek_mashrani
Breakout zone crossed after 4 year
Buy zone: 70 - 80
Price movement above 80 - which is a strong resistant zone - with good volume can trigger a fresh movement till 108.
Initial probable target of 108
Note: Define your stop loss always | Not buy or sell recommendation
This pattern took 4 years in the making, and successfully completed the retest from its top. Currently its at a prefect spot to take positional trades as well as for investment.
The stock is traveling between two trendlines (upward channel/wedge) and has reversed from the lower trendline. Buy above 76.2 level (on closing basis) for positional targets of 78.8, 82.6 and 84.5
Learn & Earn,
Dr. Tanya Kumar
TV18 Broadcast Cmp 72.45 dated 26-4-2022
1. Bullish Engulfing Candle made.
2. Volume Surge.
3. RSI Divergence.
Buy for a tgt of 78-82-88-92-107 SL 67
It is just a view, pls trade at your own risk.
Stock gave a more than a decade long breakout above 70 levels, stock price touched 83 after breakout and now doing a retracement with market correction. I think stock is in clear uptrend and one should identify buying opportunities in such type of stocks.
Stock buying range is marked on chart between 62-71, buy in this range and we will review at 90 levels....
TV18 BROADCAST LTD - MULTIYEAR BREAKOUT -
1. Monthly chart seen trendline breakout at 29-30 level from then stock face resistance around 38-42 level . this resistance has breakout convincingly in last few month .stock continuously bullish from this level .
2. last trading session multiyear resistance around -72-74 broken out with volume trend will be seen...
NSE:TV18BRDCST
TV18BRDCST - for Mid. to long term
● Ready to break resistance of Decade.
●Could be next #multibagger
● Please note, it's weekly Time frame. So time taken to reach target will be in 'no. of weeks'
●Entry will be around 75.
●SL will be subjective to weekly candle closing below the zone i.e. around 64.
●Aim for at least 1:4 to 8 risk...
TV18BRDCST Long (01 Apr)
Highest Monthly closing since last 11 years
Medium to long term call
RSI-79
Buy at CMP- 74.8
SL- 63
Target- 94, 103, 114
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Charts and views are only for educational purpose.
