TV Today Network may outperform: Sukhani

3310 Investors following TV TodayNetwork. Share this News with them.

0

Like this story, share it with millions of investors on M3

TV Today Network may outperform: Sukhani

TV Today Network may outperform, says Technical Analyst, Sudarshan Sukhani.

Post your opinion here

 

0

Tweet

Share on Tumblr

Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Sudarshan Sukhani See what other Experts & Brokerages are saying about TV TodayNetwork See messages about TV TodayNetwork TV TodayNetwork BSE | NSE 31/05/12 Are Mutual Funds betting on TV TodayNetwork?

TV Today Network may outperform, says Technical Analyst, Sudarshan Sukhani .

Sukhani told CNBC-TV18, "TV Today was in a very narrow range and it's broken out yesterday. I think media stocks are now on some kind of a minor momentum upswing and that's applying to all media stocks. TV Today might outperform. It's worth looking into - I do not know day trade because sometimes stocks perform tomorrow rather than today but traders might like to enter this stock."

Yesterday the share closed up 2.58% or Rs 2.95 at Rs 117.40. The company touched its 52 week high Rs 151.80 and 52 week low Rs 79.50 on 04 Dec, 2009 and 13 Apr, 2009, respectively.Currently, it is trading -22.66% below its 52-week high and 47.67% above its 52-week low.