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Breakout-Ideas

SUN TV

Long
SUN TV NETWORK LTD (NSE:SUNTV)  
Breakout-Ideas Updated   
NSE:SUNTV   SUN TV NETWORK LTD
Trend Analysis Volume suntvlong Trend Line Break breakouttrading LONG
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trendanalysis volumestudies suntvlong trendlinebreak breakouttrading long
Today I am expecting a short term trade in sun tv. The following factors tends me to take out this trade.

1. Trendline breakout

2. Positive OI builtup

3. Increasing Volumes.

I am expecting a profit of 20 points from this trade and I would like to keep a SL at below trend line closing.

Please consider this idea for educational purpose.
Trade closed: target reached:
Target Completed
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