Monday, May 20, 2013



DISH TV looks good trading buy at CMP.Stock is ready to break out of its triangle pattern. Buy the stock above 69 for targets of 70.5/71.6/75

Considering the digitization ruling the market and Dish TV also going to declare its Q4 numbers on 23rd of May, stock may see some up move till the long term trend line at around 71.50. If results are good on 23rd then we may see sudden jump after breaking of this trend line towards 75/80.

Go long on the stock above 69.

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