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 bullish , next resistance around 125-130
we can see this target 6 month time from current cmp 79.95
3. Technical indicators MA, EMA bullish crossover seen on this chart .
4.Daily RSI at 66 level which is agian bullish indicator.
5. MACD above signal and center line
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. !..Trade at own risk.
HAPPY TRADING. !
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 bullish , next resistance around 125-130
we can see this target 6 month time from current cmp 79.95
3. Technical indicators MA, EMA bullish crossover seen on this chart .
4.Daily RSI at 66 level which is agian bullish indicator.
5. MACD above signal and center line
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. !..Trade at own risk.
HAPPY TRADING. !