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ReviveTraders
Jan 5, 2021 6:35 AM

Suntv | Circular Support & resistance 🎯 Long

NSE:SUNTV1W
SUN TV NETWORK LTDNSE

Description

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⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕

--Buy Above =468.80 or CMP
--Target = 561.70 | 644.25
--Stop-loss = 420.95
--Lot Size = 1500
--R:R =3.67
--Expected Profit = 2,60,000+₹ per lot ( 37% )
--Expected Holding = 1-3 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌

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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) Tried to find the circular support
2) Volume is too good
3) following a perfect price action
4) fundamentals are good as of now


Guys check out the related ideas as well, it will work really well GUARANTEED !

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Comment

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-----👇👇Cup & Handle Pattern 👇👇---


Comment

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Comment

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no need to worry keep holding ...stock will blast from the support level

Trade closed: target reached

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safe Traders can book full here ....rest modify their SL to cost
1st target is hit ( 19% ) 💯🎯

bought @ 468.80
booked @ 561.70
pints earned = 92
lot size = 1500
PROFIT booked per lot =1,38,000 ( 19% )
Support and ResistanceCandlestick AnalysisChart PatternsSUNTVcircularsupportvolumesurgepriceactionanalysisbreakouttradingtradethetip
Comments
Tradee1
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Awesome Analysis.
ReviveTraders
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@Tradee1 thank you very much appreciated
ReviveTraders
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@Tradee1 checked your profile.. I guess you are in love ❤ with the cup and handle chart pattern .. am I right?
zokkomo
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Awesome analysis anna .... I have only 20k in my account how to approach it ...can u guide me
ReviveTraders
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@zokkomo sure we all are here to help other traders to take right decisions with proper risk management
bhadralakshmi
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a different analysiis looks good
ReviveTraders
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@bhadralakshmi yeah it is a different than normally we post. thank you for the comment
rajaraniselva
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last one week falling suntv i am buy 530 no0w 493 any recovery posible ??//
ReviveTraders
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@rajaraniselva, yeah very stock is falling just because of profit booking due to the fear of budget, u can hold it for longer term for sure , even i'm holding as well. if you see the volume is lower compared to the breakout time that means it is retesting now
rajaraniselva
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@tradethetip, i am holding done sir
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