See 15% upmove in Den Networks: Salil Sharma

Published on Tue, Sep 27, 2011 at 14:51 |  Source : CNBC-TV18

Updated at Tue, Sep 27, 2011 at 15:37  

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Salil Sharma, Technical Analyst

Excerpts from Midcap Radar on CNBC-TV18 Watch the full show ยป

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See 15% upmove in Den Networks , says Technical Analyst, Salil Sharma.

Sharma told CNBC-TV18, "We have seen Den Networks moving up from those lows it made after the listing. This chart looks better. It has already gone above its 50 day moving average and also made a kind of circular rounding bottom from which it has given a break out. I would think this looks good for another 15% up move."

Disclosure: It is safe to assume we would have exposure and recommendations directly or indirectly, so one should take that view with vested interest.

  

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