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 !

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