Good buy in SUN TV Network. BUY : At the range of 416-420. Stop Loss : Put stop loss of 400. Targets : 450/480/515/560.
Reason to buy : Good support from the lower range of 400-416. HAMMER candle at the bottom on weekly basis. Falling wedge pattern.(Bullish Sign.) Very Good Risk to Reward Ratio.
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ITS good to buy at support of 400
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Our first target of 450 achieved.
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Our second Target of 480 achieved
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Next target 115-520
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Our 3rd Target of 515 achieved.
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550
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Performance
Trade closed: target reached
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our 4th target of 560 achieved.. now its time to book our profits.. one can hold the trade with the SL of 530.
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Our upcoming goals are 600, 640, and 680.
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600 achieved.. Book or trail
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680 next
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Fresh High 660
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680 ACHIEVED
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Fresh targets for SUN TV
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"Those who are interested in purchasing fresh shares of Sun TV Network can consider buying at 645 or higher."
I am holding this from more than a month and sitting on huge loss expecting to go up. Chances of making up move in the coming days. pls guide
S_Rawat
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@samratk028, Sun TV is in up trend right now and it is going through a recovery phase. It also has good support from 200DMA there is good support at 580 to 600 levels RSI divergence is also in the bullish side. And if you want to exit from this then you should exit below the support only.ie 580
samratk028
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@S_Rawat Waiting for the upside movement to happen. Thanks for the prompt response.