vikasbhekare

Network18 looks bullish

Long
NSE:NETWORK18   NETWORK 18 MEDIA
Network18 is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels monthly, weekly and daily. You can see volume has been increasing recently. It has been forming a rounding bottom. It has broken resistance at 77 with significant volume. If it retraces 78-77 levels, it would be an excellent entry-level and can trade for 1:4 risk-to-reward ratio.
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