Akhil008

SUN TV | Breakout imminent ???

NSE:SUNTV   SUN TV NETWORK LTD
Stock looks to have 779 - 796 as a good demand zone . We do have a trendline resistance approaching on the top as well. I would suggest to stay sidelines until the support or resistance is taken out. Beware of the impact due to political instability in Tamilnadu which will have a big impact increasing the volatility of the stock.
Comment: Rising trendline is taken out. However I would prefer to wait until 779 is taken out and see a daily close below.
good 1 bro
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Akhil008 AkshatPatwa
@AkshatPatwa, Thank you bro !
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