Technical view by Nooresh

TV 18 Broadcast Limited – Breakout on cards.


tv 18


TV 18


-> 25 has been a critical level for the stock for past couple of attempts as well as it was a support previously.


-> The stock has seen good volumes over the past two sessions indicating accumulation or interest.


-> A sustaining move above 25 gives an upside of 28-32 in short term. Stoplosses to be strictly placed at 23.


Disclosure: Recommended to clients at 24 and also on CNBC Bulls Eye


Thanks and Regards,

Nooresh Merani

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