rahuljaiswal1580
Long

RANGE BREAKOUT - LONG SETUP

NSE:SUNTV   SUN TV NETWORK LTD
Stock has given a good bullish breakout from the 4 month long consolidation zone and also its strong resistance has been taken out with massive volumes and RSI confirming bullish momentum.
If it continues to sustain above 430, one can look for a long opportunity for short to mid term view.
Wait for a right price action before entering.

Disclaimer: Take this view for educational purpose. Trade on your own risk.

Happy trading. Happy Investing!

Comments

Rallied almost 17% till yet. Happy trading, Happy investing!
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good chart
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@SWFguy, Thank you for reviewing it.
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