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Tuesday 18 June 2013

News Delhi Television Ltd

Technical Desk Call - 18June2013

Strong Buy NDTV above 91 Stoploss 84 Target 97 - 99


ndtv technical daily chart


Remarks : The counter has given good decisive breakout on daily chart with huge volume which is almost four times of its last 10D average volume on daily chart so based on Volume indicator we are of the view that stock should easily move above 91 level with target price in range of 97 to 99 where it may find some resistance level to give sustain movement for higher upside in longer time period. 


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