Tuesday, February 28, 2012

dish tv in downtrend

dish tv has broken all its support levels & likely to hit 48.7 in coming days. as you can see in daily charts it has failed to sustain over 56.8 & broke it with good volumes.
In weekly charts, 200 dma line appears @ 48.8 where some buying momentum can be started. so one should sell the stock around 57-58 SL 61 target 48.8 (positional call)

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