SUN TV BEGINS TO TRADE IN A POSITIVE CHANNEL

Good positional traders always look to trade the range.....
Now there are two different chart patterns on different time frames
1)WEEKLY
Chart shows the stock is in almost a flag formation with a pennant shape
I rule it as a pennant price is reaching its upper end and the stock has gained momentum shown by "MACD"
It is important that in the expiry week the stock ends above 488 so that the stock can break above the pennant
Big boost is that the stock managed to close above 853 a stop below this level will be very useful

2)DAILY
Chart shows that the price is beginning to trade in a channel
"MACD" is about to show positive crossover
Mild support around 870

TRADE VIEW:
POSITIONAL TRADE
BUY @ 860-870
STOP @ 850
TARGET @ 890/910
!!HAPPY TRADING!!
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!!WATCH out for BTST/STBT IDEAS @ 3;20!!
!!EVERYDAY!!

Trade active:

STOCK IS IN STRONG TREND HOLD ON

Trade active:

trading in the direction of 888 close above that will lead to strong gains

Trade active:

HOLD ON THE STOCK IF CLOSES ABOVE 890 GOOD RETUNRS ARE EXPECTED

INDIABULLS BTST @ 1178 TGT 1190 TGT REACHED
BHARAT FINANCIAL BTST @987 TGT 1000 REACHED
JK LAKSHMI CEMENTS BTST @407.50 TGT 416 REACHED
HDFC BANK (22 NOV) @1810 TGT 1865 REACHED
!!HAPPY TRADING!!
!!PLEASE LEAVE A LIKE COMMENT BELOW!!
!!WATCH out for BTST/STBT IDEAS @ 3;20!!
!!EVERYDAY!!

Trade closed: target reached:

!!HAPPY TRADING!!
!!PLEASE LEAVE A LIKE COMMENT BELOW!!
!!WATCH out for BTST/STBT IDEAS @ 3:20!!
!!EVERYDAY!!