Friday, October 23, 2015

A-B-C correction for DISHTV by Akash Mittal

Shown above is the daily chart of DishTV. After a strong upmove the stock has found some resistance at 120 levels and entered into a correction phase. As we can see in the charts the stock has already completed the A and B wave and is now heading for the C wave. Hope the stock witnesses selling pressure which can take the stock down the level of 95.