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NeeteshJain
Sep 22, 2016 3:32 PM

SUNTV - Reaching out to Previous Resistance at 550 Levels  Long

BSE:SUNTV1W
SUN TV NETWORK LTD.BSE

Description

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As observed on weekly chart, the price action breaks out from a consolidated down-trend channel, indicating shiftinh of dominance power on prices from bears to bulls. Now Bulls shall reach out for previous resistance levels at 550-560 levels.

Target: 550
Stoploss: 480

SUNTVbreakoutParallel ChannelNIFTY
Comments
QuestionMode
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Nice.
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