| CMP# | 31.25 |
| Idea | BUY |
| Buy Range | 28 – 31 |
| Target | 37 – 39 |
| StopLoss* | 27 |
| 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#
COMPANY OVERVIEW
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.
| Stock Data | |
| NSE Code | DISHTV |
| Sectoral Index | Nifty Media |
| 52W High | 74.65 |
| 52W Low | 19.1 |
| Face Value | 1 |
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.
CONCLUSION - Dish TV SHARE PRICE FORECAST
Based on our short term stock trading tips, Dish TV share price target will be 37 – 39 in the next few days.