Reasons to buy:
➡️TV18 Broadcast Limited is an Indian entity belonging to Network 18 Group backed by RIL. TV18 owns and operates various channels of the such as CNBC TV18, CNBC Awaaz & CNBC-TV18 Prime HD as well as WarnerMedia - CNN-News18.
➡️Stock price has already broken out on the daily and weekly chart by trading above 38 levels.
➡️Short term trend of the Stock is positive where it is trading above its 5,20 and 50-day EMA.
➡️ Stock price has been taking support at 50 day EMA since last many months.
➡️ Oscillators like RSI and MFI is showing strength in the current uptrend of the stock.
SHORT TERM TARGET : 50
Horizon: 2-4 weeks
LONG TERM TARGET: 70
Horizon: 52 Weeks
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