📈 Pre-open MTF #PriceAction Analysis by #KRMG (27 Aug)

👉 Stock 2- #SUNTV
👉 Sector - MEDIA
👨🏻‍🏫 Analysis Timeframes - Hourly and 15 min (Intra)

🎯 Commentary - It has been strongly reversed to downside from 5900 Level and now trading near to its important Demand Zone and has 470 Level as its next barrier as Hourly Timeframe

If it breaks and sustain Below the CRITICAL ZONE it may start continuation of Downtrend and has space till 465 Level

Watch for #PriceAction around important CRITICAL ZONE structural points to plan your trade

🎯 Coming to sectoral pattern - #NiftyMedia is currently in Good Downtrend and currently trading near to its important support of 1500 Level

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