TV 18 a breakout

tv18, originally uploaded by sdeesai.

TV 18
TV 18 has probably given a breakout after closing above 78 it also has given this breakout after a break away gap in the upward direction which is bullish, now for it good support comes in at 76-75 where traders can buy the stock with a SL of 72, but since the stock has already given breakout traders can buy half the quantity at this level and then remaining at 76-75 with SL of 72. Immediate target is at 85 followed by 90 but the best way to trade this stock is to use trailing stop loss.