Stock Name-SUNTV
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Here you clearly see a Harmonic Pattern ABCD is activated.
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The B point is break with a heavy volume, which shows the strength in this stock.
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The next candle after the breakout is made an inside candle & after that it breaks upside, which shows it continues to the previous trend only if it closes above the previous candle this month.
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(Best Buy 610-615 for favourable RR)
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Entry, Target & SL all are given on chart.
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View gets invalid if any candle closes below the Volume breakout candle in Weekly.
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I am not a SEBI Registered. This analysis is purely for educational purposes only.
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If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.
.
Here you clearly see a Harmonic Pattern ABCD is activated.
.
The B point is break with a heavy volume, which shows the strength in this stock.
.
The next candle after the breakout is made an inside candle & after that it breaks upside, which shows it continues to the previous trend only if it closes above the previous candle this month.
.
(Best Buy 610-615 for favourable RR)
.
Entry, Target & SL all are given on chart.
.
View gets invalid if any candle closes below the Volume breakout candle in Weekly.
.
I am not a SEBI Registered. This analysis is purely for educational purposes only.
.
If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.
Note
Almost near final target.Made a high of 734.90
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.
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.