Tv 18 Long Term Consolidation Breakout

TV 18 Broadcast- This stock witnessed breakout of a long term consolidation phase. The high volume of this week supporting the breakout in the stock. A bullish crossover of 20 & 100 EMA suggests the sift in the momentum in the stock from consolidation to up trend. The next hurdle will be around 68 where is was taking support previously in 2009 and 2010. If it break above and close above & hold that level then we would be seeing 115 level. Investors need to be patience. And the Stop Loss would be placed at 40-38