TV 18 Breakout + Retest

The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
BROADCASTChart PatternsTechnical IndicatorsmediaNETWORK18NIFTYsmallcapTrend Analysistv18

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