Technical Analysis of Indian Equities 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

www.analyseindia.com

Twitter – https://twitter.com/nooreshtech

Facebook – https://www.facebook.com/nooreshtech

nooreshtech@analyseindia.com

 

 

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Article by Nooresh Merani

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