NDTV LTD
- NDTV gave a sharp pull back from 70 levels and currently daily chart indicates stock is facing strong trend line resistance around 94.50, 98.50 and 101, Once stock breaks its resistance we can see some bullish move in NDTV. Close Watch.
- Daily chart also indicates if stock breaks its major resistance and stock closes above 101 in daily chart, then stock will find next strong resistance around 123 its 161.8% fibonacci retracement, as shown above in chart.
- Suggested reading - BANK NIFTY INDEX moving up from strong trend line support.
- Weekly chart of NDTV indicates stock is holding its 200 weeks moving average and stock continuously bouncing back. Chart indicates as long as stock holds above its 200 weeks moving average it will favor bulls.
- Click here to see all the trading reports (tips) published by us on NDTV (as per technical analysis point of view).
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