|Buy Range||28 – 31|
|Target||37 – 39|
|Duration||25 – 30 Trading Sessions|
|Potential Return^||18 – 25%|
|CMP#||Idea||Buy Range||Target||StopLoss*||Duration||Potential Return^|
|31.25||BUY||28 – 31||37 – 39||27||25 – 30 Trading Sessions||18 – 25%|
# CMP on July 03, 2019
* Maintain recommended StopLoss by daily closing basis.
Once 1st target hit, reset StopLoss at 34.
^ The returns are calculated based on CMP#
Dish TV provides DTH and teleport services as part of the Indian media conglomerate Zee Group and distributes its services throgh a network of distributors and dealers. Its products include DishHD+ with Recorder, Dish+, DishFlix and Dish on Wheels. Incorporated in 1988 in Noida, India the company broadcasts its products under three brands – Dish TV, Zing and D2H.
|Sectoral Index||Nifty Media|
TECHNICAL OBSERVATIONS (DAILY)
- Technical indicators are currently giving positive signals as the stock trades above the ultra short term (5 day SMA) and short term (10 day SMA) moving averages.
- Upside breakout from triangular pattern signals continuation of Uptrend.
- Overall a positive chart and momentum pattern indicating an opportunity for a BUY trade. Look to Buy this stock as per the levels mentioned above.