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 a breakout, where return will be more than 9% or hit the...
The stock experienced a decline following the implementation of a 28% GST tax on online gaming. However, it's noteworthy that a significant portion (90%) of the company's business originates from casinos in Goa, suggesting that the impact might not be substantial. The stock revisited a similar price level when there was a subsequent review of taxation policies,...
Stock has corrected after publishing very good results. Mostly HNIs / Operators are accumulating it. Earlier also, it was consolidated at this level and gave a run up till the neckline of a bigger CWH pattern. There is a high possibility that it will retest the neckline. It may or may not give a breakout. So 7% gain can be expected in short term.
CWH pattern breakout happened today and price target is 143. Stock is in up trend.
Complex CWH pattern is observed in Nippon AMC share with a potential of 20%+ profit on Long Position. Fundamentally stock has good ratios.