Long
Stock Analysis on TV18 Network - Breakout Candidate for Swing
Updated
My Analysis on TV18 Network:
1. Formed Ascending triangle pattern and looks like breakout happened with 2nd green candle(today)
2. Expecting 10% target of Rs.55
3. I bought this stock for swing trading for Rs.49.85 and expect a 10% upside in the next 1-2 weeks.
Note:
I'm not recommending buying this stock. This is for education purposes.
This is my view, based on my learning.
Please do not trade without your own conviction.
Please invest after careful research. I'm not responsible for your profits/losses.
- Gnanasekaran
1. Formed Ascending triangle pattern and looks like breakout happened with 2nd green candle(today)
2. Expecting 10% target of Rs.55
3. I bought this stock for swing trading for Rs.49.85 and expect a 10% upside in the next 1-2 weeks.
Note:
I'm not recommending buying this stock. This is for education purposes.
This is my view, based on my learning.
Please do not trade without your own conviction.
Please invest after careful research. I'm not responsible for your profits/losses.
- Gnanasekaran
Trade closed: target reached
10% target reached and exited at Rs.54.85
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