LoveForCharts

Network18 - 10 year breakout - long setup

Long
NSE:NETWORK18   NETWORK 18 MEDIA
10 year high break with huge volume makes this chart very interesting

Price on weekly is still a Bollinger band blast and on daily is close to its 20 Day moving average. Look to addd positions on dips as the Risk reward looks great, a price target above 120 in the first leg and the road upwards is unbarred

I would look to buy the dip!

Great chart set up !

All of this is educational content
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.