DISH TV - OBSERVATIONS

ZONE - 1 : NEGOTIATIONS WITH BHARTI-AIRTEL STARTED IN MARCH 2019, WITH PROMOTERS EXPECTING RS. 62/ SHARE. JIO & DEBT NEWS OF THE GROUP CAME OUT. MARKET PRICE HAS COME DOWN. STRATEGY OF BIG INVESTORS IS TO LOWER THE PRICE.

ZONE - 2 : Airtel Digital TV Enters Merger Talks With Dish TV To Become Largest DTH Operator In India WITH 62% MARKET SHARE. ACCUMULATION DONE AND THE NEWS IS LEAKED OUT. PRICES START RISING.

FUTURE : FROM DAY CHART AN INDICATION FOR BUY EMERGED ALREADY AND PRICE IS LIKELY TO GO UP TO 40 ONCE TRADING STARTS ABOVE 34.