TraderHercules

SUNTV LONG - BREAKOUT

Long
NSE:SUNTV   SUN TV NETWORK LTD
Nifty Media is still 52% down from ATH. We should see some bullishness in this sector. SUNTV is 2nd highest contributor of Nifty Media. Fundamentally the company is good. We should expect bullish momentum to continue.
CMP - 495
Target - 570
Returns expected - 10.5%

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