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25 Oct 2016 | 6:39 PM
Research Report

Equity Research Report: Master Pick-Dish TV

The total subscriber base of Dish TV stood at 13.3 million at the end of the June quarter. The company added 0.39 million subscribers in the June quarter, 20.5% more than those in the year-ago period and better than the estimated 0.34 million.
11 Sep 2015 | 06:00 PM

Dishtv has been trading in uptrend since then and doubled in less than a year. However, the recent correction in the markets triggered profit taking in Dishtv as well and it has retraced to support zone of long term averages placed on multiple time frames. After consolidating around that zone in last three weeks, it now looks upbeat to resume its overall uptrend. Hence, participants should accumulate within 100-105 with close below stop loss of 94 for the target of 130.

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