Price_Action-

SUNTV : make or break point on 1hr/2hr/1D

Price_Action- Updated   
NSE:SUNTV   SUN TV NETWORK LTD
Disclaimer: This is only for educational purpose.

SunTv near crucial resistance zone. if break it can head towards 550+ zone, whereas RSI shows a long bearish divergence. We can see a small correction before or after breakout or consolidation before a significant move.
Comment:
Broke out. should see some more momentum before the retest. strong resistance broke so support will also be strong.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.