After one month correction TV18 Broadcast made a trend reversal with volume. It took 61.8% correction. Yesterday it closed well above 50d ema with good volume. Oscillators moved away from oversold region. Weekly MACD already in a buy region and daily macd ready for a cross-over.
Stock can be initiated long with a stop loss of close below 40.
Stock can be initiated long with a stop loss of close below 40.
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