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TV18

Discussion in 'Technical Analysis' started by verenmitter2001, Oct 17, 2012.

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  1. verenmitter2001

    verenmitter2001 Member

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    Hi Shabbir,
    Whats your view On TV18
    the 6months charts shows uptrend but the three year chart has shown down.
    From past fewmonths it has started delivering.
    Though fundamentally the company is a HOLDING COMPANY. which means lots of fundamental issues.

    Your views on it?

    Regards
    Veren
     
    verenmitter2001, Oct 17, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    16, 20, 22 and 24 are the 4 lows recently and so definitely 3 years trend has reversed.
     
    shabbir, Oct 18, 2012
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  3. chequesuraj

    chequesuraj Member

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    What does these type of pattern called zigzag???

    difficult to decide on entry or exit or stop loss point...any way news channel punters are talking too much on this script.

    will be in my watch list for further study :)
     

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    chequesuraj, Nov 16, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    Just invest when the previous high is taken out and that should be the safe bet
     
    shabbir, Nov 16, 2012
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