VisibleBeer7

What A Setup "Suntv"

Long
NSE:SUNTV   SUN TV NETWORK LTD
4 Patterns Together :

1. Bullish Engulfing On Daily Chart
2. Bouncing From 50% Retracement Of Recent High
3. If We Combine Last 4 Day Candles It Will Make A Long Pin Bar From Low.
4. If You Will Look Closely It Has Also Formed Higher High, Higher Lows From December.

Rock Solid Support Now At 507
Buy Above 530.5 (More Strength If Give Weekly Close Above 530.5)

Strict SL - 507 (Day Closing Basis)
Target - 840
Trade closed: stop reached: SL Triggered